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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (18287)	6/1/2006 4:32:34 PM
From: Joseph B. Schmidt	Respond to of 23958

Here's a good story on SPDE, gives a good idea of why I think this one has huge upside potential... Verizon Wireless Faces Cellular TV Patent Challenge Friday , May 12, 2006 17:18 ET May 12, 2006 (TelecomWeb news break/Access Intelligence via COMTEX) -- Speedus Corp. has filed a pair of suits against Verizon Wireless, charging the second largest cellular company in the United States with violating a pair of Speedus patents, one of which covers the delivery of television to the tiny screen and the other the use of analog and digital signals simultaneously on the same bandwidth. So far Speedus, in its suits in the United States District Court in the Southern District of Florida, has asked just for an injunction, but that's a typical opening move in such cases. Invariably, what the patent holder is after is cold, hard cash. How much Speedus wants or thinks it can get is unknown at this point, but the Speedus lawsuit immediately brings to mind Research In Motion's (RIM) long drawn-out patent battle with NTP. Speedus claims to have "pioneered wireless broadband and cellular transmission of television." A Verizon Communications unit invested in and managed a wireless unit of Speedus in 1993, the company claims. "We are astonished by Verizon's infringement here," said Speedus Chairman and CEO Shant Hovnanian in a prepared statement. "Since our past relationship with Verizon shows their full knowledge of our intellectual property holdings." In the first of its two lawsuits Speedus charges that Verizon wireless is infringing U.S. Patent No. 5,949,793, entitled "Transmission of Digital and Analog Signals in the Same Band." That patent, Speedus said, covers cellular transmissions using simultaneous analog and digital technology in the same bandwidth. Verizon is infringing the patent n its operation of Cellular phone systems nationwide, Speedus said. It's second suit covers U.S. Patent No. 4,747,160, entitled "Low Power Multi-Function Cellular Television System," and as the title implies, covers the use of cellular systems to deliver television signals. The two are part of a portfolio of 43 patents in 22 countries covering wireless technology that Speedus lists on its web site. The company says that it also has another 21 patents pending, which will add six more countries to those where it already holds patents. "We believe that it would be difficult for any wireless communications company to construct a system without using one or more of our patented technologies," Speedus says on its web site - a good hint that the suit against Verizon is not the first the company plans. Those suits, by the way, are technically against Cellco Partnership, the actual owner of Verizon Wireless. Cellco is 55 percent owned by Verizon and 45 percent held by Vodafone. With a patent portfolio and statement such as those on the Speedus web site, some consider Speedus a "patent mill," whose sole business is the enforcement of patents that it owns, the same appellation applied to NTP. Speedus, however, does have more businesses than just patents and calls itself "a holding company that owns significant equity interests in diverse businesses." One of those is a joint venture with Siemens Corporate Research to form Zargis Medical Corp, which is developing decision support products and services for the screening and diagnosis of congenital and valvular heart disease. It also holds majority ownership of F&B Gudtfood, the creator and operator of the "Eurocentric chic and quick" cafe. TelecomWeb news break, Vol. , No. Copyright 2006 Access Intelligence, LLC. All rights reserved. ********************************************************************** As of Monday, 05-08-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 04-11-2006 for VZ @ $33.18. (C) 2006 Comtex News Network, Inc. All rights reserved.