Update on Data Tern Patent Litigation (8002E)
13 Abril 2011 - 1:00AM
UK Regulatory
TIDMAMP
RNS Number : 8002E
Amphion Innovations PLC
13 April 2011
Amphion Innovations plc
Update on U.S. Subsidiary, DataTern, Inc., Patent Litigation
London and New York, 13 April 2011 - DataTern, Inc., a
wholly-owned subsidiary of Amphion Innovations plc (AIM: AMP)
("Amphion" or "the Company"), has successfully obtained settlements
from suits brought in the U.S. against several, multi-national
companies, for enforcement of its U.S. Patents 5,937,402 and
6,101,502 covering Object to Relational Database Mapping
technology. Last week, Microsoft Corporation (NASD: MSFT) brought
suit against DataTern claiming these patents are not infringed by
Microsoft technology and are invalid. DataTerrn will strongly
refute these claims by Microsoft and continue to enforce these
patents against other infringers.
These patents are entitled to a presumption of validity and the
6,101,502 patent successfully completed a re-examination procedure
in the U.S. Patent and Trademark Office in 2009. All 18 claims of
this patent were reaffirmed and 26 new claims were added.
Richard Morgan, CEO of Amphion, said:
"DataTern has reached settlements with over 25 companies for
over $17 million in license fees using its patented Object to
Relational Database Mapping technology. We will vigorously defend
the validity, and intend to prove infringement, of the DataTern
patents."
For further information please contact:
Amphion Innovations
Charlie Morgan
+1 212 210 6224
Cardew Group
Tim Robertson
+44 (0)20 7930 0777
Seymour Pierce Limited, Nominated Advisor
Freddy Crossley/ Mark Percy
+44 (0)20 7107 8000
About Amphion Innovations plc
Amphion (LSE: AMP) builds shareholder value in high growth
companies in the medical and technology sectors, by using a
focused, hands-on company building approach, based on decades of
experience in both the US and UK. Amphion has significant
shareholding in 8 Partner Companies developing proven technologies
targeting substantial commercial marketplaces, each in excess of $1
billion. Each Partner Company is chosen with the goal of achieving
an exit valuation in excess of $100 million. The Amphion model has
been refined to optimise the commercialisation of patents and other
intellectual property within the Partner Companies. The Partner
Companies collectively own or control over 200 separately
identified pieces of intellectual property, a number that grows
rapidly each year.
On the web: www.amphionplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBIGDSSBBBGBD
Amphion Innovations (LSE:AMP)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Amphion Innovations (LSE:AMP)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024