Document Security Systems, Inc. Litigation Update
ROCHESTER, N.Y., Jan. 6, 2015 /PRNewswire/ -- Document Security Systems, Inc. (NYSE MKT: DSS) (DSS), a leader in anti-counterfeiting and authentication solutions, has issued this communication to update the status of certain of its pending litigation matters.
On January 2, 2015, the United States District Court for the Northern District of California issued an order granting summary judgment to defendants LinkedIn, Inc. and Facebook, Inc. in connection with a lawsuit filed on October 3, 2012 by Plaintiff Bascom Research, LLC (a subsidiary of DSS). In its decision, the District Court ruled that the four patents-in-suit are invalid under 35 U.S.C. §101. DSS is currently evaluating its options with respect to the court's ruling.
On December 31, 2014, in connection with DSS Technology Management, Inc's (DSSTM) pending lawsuit against Taiwan Semiconductor Manufacturing Company, Ltd. (TSMC), the United States Patent and Trademark Office's Patent Trial and Appeal Board (PTAB) issued a decision to institute an Inter Partes Review (IPR) of certain claims of U.S. Patent 5,652,084 (the "084 Patent"), which is the patent involved in the TSMC case. The PTAB denied TSMC's petition with respect to claims 13 and 14 of the 084 Patent, which will survive the IPR process, and instituted the IPR proceeding with respect to claims 1-12 and 15-16 of the 084 Patent. DSSTM will be permitted to advance additional arguments and introduce expert testimony in defense of claims 1-12 and 15-16 of the 084 Patent.
On December 30, 2014, in connection with DSSTM's pending action against Apple Inc., the PTAB issued a Notice of Filing date of December 4, 2014 for Apple Inc.'s Petition for Inter Partes Review of U.S. Patent 6,128,290, which is the patent involved in the Apple case. DSSTM's Preliminary Response to the petition is due by March 30, 2015.
About Document Security Systems, Inc.
Document Security Systems, Inc.'s (NYSE MKT: DSS) products and solutions are used by governments, corporations and financial institutions to defeat fraud and to protect brands and digital information from the expanding world-wide counterfeiting problem. DSS technologies help ensure the authenticity of both digital and physical financial instruments, identification documents, sensitive publications, brand packaging and websites.
DSS continually invests in research and development to meet the ever-changing security needs of its clients and offers licensing of its patented technologies through its subsidiary, DSS Technology Management, Inc.
For more information on the AuthentiGuard Suite, please visit www.authentiguard.com. For more information on DSS and its subsidiaries, please visit www.DSSsecure.com.
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Document Security Systems
(585) 325-3610
Email: [email protected]
Forward-Looking Statements
Forward-looking statements that may be contained in this press release, including, without limitation, statements related to the Company's plans, strategies, objectives, expectations, potential value, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act and contain words such as "believes," "anticipates," "expects," "plans," "intends" and similar words and phrases. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results projected in any forward-looking statement. In addition to the factors specifically noted in the forward-looking statements, other important factors, risks and uncertainties that could result in those differences include, but are not limited to, the outcomes of any of the Company's litigation, any impairment, cost or other event resulting from court decisions regarding the Company's litigation, , and its ability to raise additional capital, as well as those risks and uncertainties disclosed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission, and as amended by our subsequent periodic reports. Forward-looking statements that may be contained in this press release are being made as of the date of its release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
SOURCE Document Security Systems, Inc.
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