TCS Files Patent Infringement Lawsuit13 July 2006
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission-critical wireless communications, announced it has filed a lawsuit in the U.S. District Court for the Eastern District of Virginia against Mobile 365, Inc. and WiderThan Americas, Inc. for patent infringement. TCS seeks an injunction against these companies from further infringement, as well as monetary damages.
The lawsuit asserts infringement of United States Patent No. 6,985,748, issued earlier this year. TCS asserts infringement by defendants' platforms that route inter-carrier messages addressed to recipients using only a phone number. The company initiated litigation to protect its rights only after negotiations ended without positive results.
TCS has retained the law firm of Niro, Scavone, Haller & Niro, a Chicago-based law firm that specializes in intellectual property litigation, to prosecute the case.
There can be no assurances to what extent the lawsuit may be successful, if at all, and the company could become subject to counter-claims.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TeleCommunication Systems, Inc. (TCS) produces wireless data communications technology solutions that require proven high levels of reliability. TCS provides wireless and VoIP E9-1-1 network-based services, secure deployable communication systems and engineered satellite-based services, and commercial location applications, like traffic and navigation, using the precise location of a wireless device. Customers include leading wireless and VoIP carriers around the world, and agencies of the U.S. Departments of Defense, State, and Homeland Security. For more information, visit www.telecomsys.com.
This announcement contains forward-looking statements within the meaning of 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 based upon TCS' current expectations and assumptions that are subject to a number of risks and uncertainties that would cause actual results to differ materially from those anticipated.
The actual results realized by the Company could differ materially from the statements made herein, depending in particular upon the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission (SEC). These include without limitation risks and uncertainties relating to the Company's financial results and the ability of the Company to (i) reach and sustain profitability when anticipated, (ii) continue to rely on its customers and other third parties to provide additional products and services that create a demand for its products and services, (iii) conduct its business in foreign countries, (iv) adapt and integrate new technologies into its products, (v) expand its business offerings in the new wireless data industry, (vi) develop software and provide services without any errors or defects, (vii) protect its intellectual property rights, and (viii) implement its sales and marketing strategy.
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.
SOURCE: TeleCommunications Systems, Inc.
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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