Appellate Court Affirms PTSC's Technology Litigation Suit
SAN DIEGO--(BUSINESS WIRE)--June 12, 2003--PTSC (Patriot Scientific Corporation) (OTCBB:PTSC - News) today announced the Fourth Appellate Court, Division One, of the State of California has affirmed the judgment issued by the trial court in 2000 which ruled in favor of PTSC on all counts in the case of Fish vs. nanoTronics, Patriot and Gloria Felcyn, Trustee. The lawsuit, which was brought by one of the co-inventors of the ShBoom technology, the predecessor technology to the IGNITE, sought a judgment for damages and a restoration of the technology to the co-inventor.
Jeff Wallin, PTSC's president and CEO, stated, "The appellate court's opinion brings to a satisfactory conclusion seven years of litigation and removes any cloud of ownership that may have hung over our technology. We can now aggressively pursue our objective of enforcing our rights against potential infringers of this unique and far reaching technology."
About PTSC
Founded in 1987, PTSC is an Intellectual Property (IP); Integrated Circuit (IC) and systems level embedded engineering company. The company sells the IGNITE(TM) processor in silicon both in the United States and abroad. Customers also come to PTSC for product integration and development using the IGNITE technology. For further information on PTSC, visit http://www.ptsc.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
|
Related News
- Appeals Court Affirms Finding of Patent Invalidity in Suit Against Mentor in California
- Court Of Appeals Summarily Affirms ARM Litigation Victory Over TPL and Patriot
- Court Affirms Non-Infringement Of ARM Jazelle Products In Nazomi '215 Patent Case
- Delaware Court Approves Expedited Hearing in Monolithic System Technology's Lawsuit against Synopsys; Litigation to Complete Broken Merger Accord Will Move Quickly to Trial
- Appeals Court Reverses Dismissal of Patents in Oregon Proceeding
Breaking News
- Siemens delivers certified and automated design flows for TSMC 3DFabric technologies
- AheadComputing Raises $21.5M Seed Round and Introduces Breakthrough Microprocessor Architecture Designed for Next Era of General-Purpose Computing
- ZeroPoint Technologies Unveils Groundbreaking Compression Solution to Increase Foundational Model Addressable Memory by 50%
- Breker RISC-V SystemVIP Deployed across 15 Commercial RISC-V Projects for Advanced Core and SoC Verification
- Veriest Solutions Strengthens North American Presence at DVCon US 2025
Most Popular
- Intel in advanced talks to sell Altera to Silverlake
- S2C Teams Up with Arm, Xylon, and ZC Technology to Drive Software-Defined Vehicle Evolution
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- Breker RISC-V SystemVIP Deployed across 15 Commercial RISC-V Projects for Advanced Core and SoC Verification
- Arteris Revolutionizes Semiconductor Design with FlexGen - Smart Network-on-Chip IP Delivering Unprecedented Productivity Improvements and Quality of Results
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |