Monday, February 27, 2006 1:52:07 PM
TORONTO (Dow Jones)--BlackBerry maker Research In Motion Ltd. (RIMM) responded to a statement Monday by NTP Inc., which said it has offered RIM a settlement that protects RIM's business partners including wireless carriers.
"Don't be fooled by NTP's aggressive stance," said RIM vice-president, corporate marketing, Mark Guibert. "They are simply trying to convince the court and the public that they're being reasonable.... Ironically, their statement is yet again misleading. As NTP well knows, the scope of a license depends on the definitions and NTP has merely quoted part of a provision with none of the underlying definitions. As with much of NTP's statements, it is only part of the story and is inherently misleading."
Mark Heinzl, Dow Jones Newswires; 416-306-2014
(END) Dow Jones Newswires
02-27-06 1350ET
Copyright (c) 2006 Dow Jones & Company, Inc.
DJ NTP Offered RIM A License That'Fully Protects Everyone'
NTP Inc. said Monday that Blackberry-maker Research in Motion Ltd. (RIMM) mischaracterized the proposed license agreement between the two companies and that it offered RIM a license "that protects everyone." The patent-holding company added that it is "open to hearing any specific issues RIM has with its proposed agreements."
Friday, a judge at the hearing on the companies' patent dispute didn't issue an immediate injunction on sales and services of BlackBerry devices in the U.S. The judge is expected to rule on what financial penalties RIM should pay NTP for patent infringement, a verdict reached by a Virginia jury in 2002.
NTP won several patent-infringement claims for wireless e-mail processes in court against RIM.
RIM shares were recently down $1.65, or 2.2%, at $72.40.
-Josee Rose; 201-938-5400; asknewswires@dowjones.com
(END) Dow Jones Newswires
02-27-06 1121ET
Copyright (c) 2006 Dow Jones & Company, Inc.
DJ CORRECT: NTP Open To Hearing Issues RIM Has With Proposals
NTP said it remains open to hearing any specific issues Research In Motion Ltd. (RIMM) has with its proposed agreements.
(A headline at 10:54 a.m. EST misstated NTP's position.)
(END) Dow Jones Newswires
02-27-06 1114ET
Copyright (c) 2006 Dow Jones & Company, Inc.
Daniel Nieves
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