To: DiViT who wrote (37636 ) 12/4/1998 2:50:00 PM From: BillyG Respond to of 50808
Scientific-Atlanta Brings Antitrust and Patent Invalidity Suit Against Gemstar International (the bad guys)Gemstar sued General Instrument and Pioneer earlier this week. What goes around comes around. biz.yahoo.com ATLANTA, Dec. 4 /PRNewswire/ -- Scientific-Atlanta, Inc. (NYSE: SFA - news) announced today that it has filed suit in the U.S. District Court for the Northern District of Georgia against Gemstar International Group of Pasadena, California, and related companies, for violations of the federal antitrust laws and for a declaratory judgment that certain patents owned or licensed by the Gemstar companies are invalid and not infringed by Scientific-Atlanta. The suit seeks treble monetary damages and an injunction against further antitrust violations by the Gemstar companies. In the antitrust counts, Scientific-Atlanta asserts that Gemstar has engaged in a number of illegal activities, including monopolization, attempts to monopolize, restraint of trade, tying and predatory and exclusionary conduct. The patents involved in the suit relate primarily to interactive electronic program guides. The suit alleges that Gemstar has sought to acquire, control and utilize patents relating to interactive electronic program guides in an unlawful effort to monopolize and restrain competition. In the suit Scientific-Atlanta maintains that the Gemstar patents are invalid and unenforceable because, among other reasons, Gemstar has unlawfully misused the patents. Scientific-Atlanta also maintains that it does not infringe the subject patents. ''Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995, may be included in this news release. A variety of factors could cause the Company's actual results to differ from the anticipated results expressed in such forward-looking statements. Investors are referred to the Company's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q), which statements are incorporated into this news release by reference. Scientific-Atlanta, Inc. (http://www.sciatl.com) is a leading supplier of broadband communications systems, satellite-based video, voice and data communications networks and worldwide customer service and support. SOURCE: Scientific-Atlanta, Inc.