Sunday, July 05, 2020 12:46:09 PM
The Steady Rise of Netlist, Inc. (OTCMKTS: NLST)
"On June 16 NLST announced the U.S. Court of Appeals for the Federal Circuit (Federal Circuit) has affirmed the U.S. Patent Trial and Appeal Board’s (PTAB) decision upholding the validity of Netlist’s U.S. 7,619,912 (‘912) patent. The ruling came after last week’s oral hearing before a three-judge panel at the Federal Circuit and pending an appeal granted by the Supreme Court of the U.S., the decision is final and binding on future cases. In response to Netlist’s 2009 complaint, Google first filed its petition for reexamination of the ‘912 patent in 2010 and was later joined in its effort by Inphi and Smart Modular. On January 31, 2019 PTAB denied Google’s request for a rehearing of the PTAB’s previous decision upholding the validity of the ‘912 patent claims. The PTAB’s extensive rehearing decision adopted Netlist’s positions on the claims and rejected Google’s invalidity arguments involving the specific use of rank-selecting signals for rank multiplication"
"NLST CEO C.K. Hong stated: “For ten years Netlist has steadfastly opposed Google’s misguided campaign to invalidate the ‘912 patent. We are very pleased that in the end the appellate court made it clear that the claims of this seminal patent are indeed valid and in so doing, further vindicate our decade-long defense of the company’s strategic intellectual property. We will now move to lift the stay in the patent infringement lawsuit against Google in the U.S. District Court for the Northern District of CA., in order to recover current and past damages related to the ‘912 patent.”
https://microcapdaily.com/the-steady-rise-of-netlist-inc-otcmkts-nlst/126280/
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