Monster Media Announces Settlement In Its Patent Infringement Dispute With TigerLogic Corp.

Jan 26, 2016, 08:00 ET from Monster Media

ORLANDO, Fla. and PORTLAND, Ore., Jan. 26, 2016 /PRNewswire/ -- Monster Patents, a subsidiary of Monster Media LLC, and TigerLogic Corp have reached a settlement in the patent infringement action filed by Monster on 2nd July, 2015 in the United States District Court for the Southern District of New York. The terms of the settlement are confidential.

"The value of our Intellectual Portfolio enables continued innovation for our licensees and strengthens their competitive edge," said Stephen Randall, EVP, Mobile & Social Technology, Monster Media. "We welcome TigerLogic as a licensee."

"We are pleased to have reached an agreement with Monster that does not encumber the use and development of our Postano platform," said Roger Rowe, Acting Chief Executive Officer and Chief Financial Officer, TigerLogic. "With this settlement behind us, we can now return to focusing on our business."

About Monster Media
Monster Media is an international, full-service provider specializing in digital and interactive activations. We're an industry leader in delivering dynamic and impactful interactive media across endless platforms, including: airports, malls and retail locations, events, sports/entertainment venues, mobile tours, college campuses, hotels, bus shelters, newsstands, storefronts and mass transit. www.monstermedia.net

About TigerLogic
TigerLogic Corporation (OTCQX: TIGR) is a global provider in engagement solutions including Omnis, a mobile development platform, and Postano, a social media aggregation and display platform. For more information, please visit www.tigerlogic.com

SOURCE Monster Media



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