Freedom Wireless, Inc. Settles Patent Infringement Suit Against VeriSign, Inc.
21 Maggio 2008 - 1:30PM
PR Newswire (US)
PHOENIX, May 21 /PRNewswire/ -- Freedom Wireless, Inc. announced
today that it has settled a patent infringement suit against
VeriSign, Inc. (NASDAQ:VRSN) pending in federal court in Marshall,
Texas. Freedom Wireless and VeriSign will file a Final Consent
Judgment in which they agree that Judgment may be entered for
Freedom Wireless and against VeriSign on Freedom Wireless' claims
that VeriSign infringed three of Freedom Wireless' patents relating
to prepaid wireless systems and on VeriSign's counterclaims
alleging non-infringement, invalidity and unenforceability of those
patents. Freedom Wireless' infringement claims were based on
prepaid wireless services offered by VeriSign to two wireless
carriers, Alltel Communication, Inc. and United States Cellular
Corporation (NYSE:USM). To settle the claims, VeriSign agreed to
pay Freedom Wireless a confidential amount of money and to transfer
to Freedom Wireless a portfolio of ten United States and twelve
foreign patents and other intellectual property rights relating to
prepaid wireless services. In return, Freedom Wireless granted a
limited license of its patents to VeriSign, but only to enable
VeriSign to fully perform certain existing prepaid wireless
contracts, and granted a release to VeriSign's carrier customers
that is limited to their use of certain VeriSign prepaid wireless
services. Larry Day, President of Freedom Wireless, said: "We are
pleased to successfully settle our disputes with VeriSign and to
add VeriSign to our ever-growing roster of licensees. The patents
that we have received from VeriSign significantly expand the scope
of our patent portfolio. As a development and technology company,
we will continue to vigorously enforce our intellectual property
rights to prevent wireless carriers and wireless service providers
from using them without licenses." The settlement with VeriSign
does not settle Freedom Wireless' patent infringement claims
against the other defendants in the case, Comverse, Inc. (Pink
Sheets: CMVT) and Cricket Communications, Inc. (NASDAQ:LEAP), or
Freedom Wireless' claims against Alltel based on its use of
Comverse's prepaid wireless services. Freedom Wireless will
continue to prosecute those claims. About the Company. As pioneers
in the wireless industry, Freedom Wireless continues to work with
entrepreneurs to develop and license patented technologies to
provide prepaid wireless services. Since 1995, Freedom Wireless'
technologies have enabled consumers to enjoy wireless services that
they were previously denied. Today, licensees of Freedom Wireless
such as Xius bcgi, Telcordia Technologies Inc. and Virgin Mobile
Wireless offer a wide range of licensed services and products to
millions of prepaid wireless customers throughout the United
States. Licensing inquiries should be directed to Larry Day at or
480-315-8260. DATASOURCE: Freedom Wireless, Inc. CONTACT: J.
Kenneth Felter, +1-617-570-1211, for Freedom Wireless, Inc.
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