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Re: Pennypicks post# 74791

Friday, 09/26/2008 11:45:33 AM

Friday, September 26, 2008 11:45:33 AM

Post# of 93821
hello all...I've been in edig for a couple of months and can hardly believe this news came so soon. I'm glad to be in !

I wonder which one of these companies took the plunge.

Intellectual Property Litigation
In March 2008, we filed a complaint against Avid Technology, Casio America, LG Electronics USA, Nikon, Olympus America, Samsung Electronics America, and Sanyo North America in the U.S. District Court for the Eastern District of Texas asserting that products made by the listed companies infringe four of our U.S. patents covering the use of flash memory technology. These patents are part of our Flash-R patent portfolio. In September 2007 we filed a similar suit in the same jurisdiction against Vivitar, a wholly-owned subsidiary of Syntax-Brillian. We intend to pursue our claims vigorously but the litigation is in the early stage and there is no assurance of recovery. Although most fees, costs and expenses of the litigation are covered under our contingent fee arrangement with Duane Morris LLP, we may incur support and related expenses for this litigation that may become material.

I'm the smart one on the right, or was that the left. RV'ing is fun with my Aero Exhaust !



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