LOS ANGELES, CA -- (Marketwired) -- 02/13/17 -- Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), an IP licensing and commercialization company, announced today announced that its wholly-owned subsidiary Munitech IP filed patent infringement lawsuits against the following companies in the Regional Court of Dusseldorf in Germany .
Google Inc.
ZTE Deutschland GmbH
ZTE Services Deutschland
ZTE Corporation
Xiaomi Technology Co. LTD.
Telecom Deutschland GmbH
Vodafone GmbH
Telefonica Germany GmbH & Co. OHG
The patents being asserted are EP 1 326 470 (Method and device for authenticating a subscriber in a communications network), EP 1 326 469 (Method and device for checking the authenticity of a service provider in a communication network), EP 1 400 077 (Radio communications system and method for operating the same), and EP 1 125 463 (Method for adapting interruption phases required for adjacent channel monitoring).
"We are pleased to initiate the monetization of some of our recently acquired assets. These suits, along with those soon to follow, are expected to complement already ongoing soft license discussions," said Doug Croxall , CEO of Marathon Patent Group .
About Marathon Patent Group, Inc.
Marathon is an IP licensing and commercialization company. The Company acquires and manages IP rights from a variety of sources, including large and small corporations, universities and other IP owners. Marathon has a global focus on IP acquisition and management. The Company's commercialization division is focused on the full commercialization lifecycle which includes discovering opportunities, performing due diligence, providing capital, managing development, protecting and developing IP, assisting in execution of the business plan, and realizing shareholder value.
