U.S. District Court Enters Patent Infringement Final Judgment Against Mobile 365, Inc. in Favor of TeleCommunication Systems, In
07 April 2009 - 10:27PM
Marketwired
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading
provider of wireless communications technology today announced that
the U.S. District Court for the Eastern District of Virginia has
entered final judgment in the Inter-Carrier Messaging patent
infringement case against Mobile 365, Inc. (now known as Sybase
365).
Judgment was entered against Sybase 365 that it has infringed
U.S. Patent No. 6,985,748, the patent is not invalid, and Sybase
365 must pay approximately $12M in damages, which includes past
damages through May 2007 based on a 12 percent post-issuance
royalty. The final judgment does not account for any continued
infringement by Sybase 365 after the May 2007 jury verdict.
Accounting for any damages arising after the jury verdict will be
addressed later by the Court, based on the outcome of any appeal in
the case.
The Court also permanently enjoined and restrained Sybase 365
(and Sybase, Inc.) from further infringement. The award of damages
and the permanent injunction against Sybase 365 are stayed pending
appeals and further order of the court.
The case was originally filed on July 12, 2006, against Mobile
365 (now Sybase 365, a subsidiary of Sybase Inc.) for infringement
related to U.S. patent No. 6,985,748, Inter-Carrier Short Messaging
Service Providing Phone Number Only Experience ("the '748 patent"),
issued to TCS. U.S. Patent No. 7,430,425, which shares the same
priority date as the '748 patent, issued on September 30, 2008
adding claims describing a method for inter-carrier digital message
with user data payload messaging, and on November 26, 2008 U.S.
Patent No. 6,658,260, which is the original patent issued on which
the '748 patent is based, was allowed for reissuance.
About TeleCommunication Systems, Inc. (TCS)
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) engineers
and delivers highly reliable wireless communications technology.
TCS is a leader in wireless text messaging and location-based
technology, including E9-1-1 services and commercial applications
like navigation that use the precise location of a wireless device,
and secure satellite-based communications systems and services.
Customers include leading wireless and VoIP carriers around the
world, cable MSOs, automotive telematics vendors, and agencies of
the U.S. Departments of Defense, State, and Homeland Security. TCS
is one of six primary vendors on a $5 billion Army Worldwide
Satellite Systems Contract vehicle. For more information, visit
www.telecomsys.com.
Except for the historical information contained herein, this
news release contains forward-looking statements as defined within
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities and Exchange Act of 1934, as amended. These
statements are subject to risks and uncertainties and are based
upon TCS' current expectations and assumptions that if incorrect
would cause actual results to differ materially from those
anticipated. Risks include without limitation those detailed from
time to time in the Company's SEC reports, including the report on
Form 10-K for the year ended December 31, 2008.
Existing and prospective investors are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date hereof. The Company undertakes no obligation to
update or revise the information in this press release, whether as
a result of new information, future events or circumstances, or
otherwise.
Company Contact: TeleCommunication Systems, Inc. Meredith Allen
410-295-1865 MAllen@telecomsys.com Investor Relations: Liolios
Group, Inc. Scott Liolios 949-574-3860 info@liolios.com
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