Court rules favorably for Absolute on appeal of both summary judgments against Stealth Signal, Inc.
VANCOUVER, Oct. 12, 2011 /PRNewswire/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, today announced that it received a very favorable ruling from the United States Court of Appeals for the Federal Circuit in the Appeal from Absolute's litigation against Stealth Signal, Inc.
The US Court of Appeals reversed the District Court's summary judgment ruling that Stealth Signal, Inc. did not infringe Absolute Patents # 6,244,758 , 6,300,863, and 6,507,914 and remanded the issue of whether Stealth is infringing Absolute's patents to trial. The Court of Appeals also affirmed the District Court's summary judgment that Absolute did not infringe Stealth's Baran patent (5,406,269), as Stealth had claimed.
"We are glad to read the US Court of Appeals decision on this matter as it validates our growing patent portfolio and innovative technology platform," stated John Livingston, Chairman and Chief Executive Officer at Absolute Software. "We remain steadfast in our conviction that Absolute is the inventor and undisputed leader in the remote location tracking and anti-theft category for electronic devices. We will continue to offer patent licenses to those who wish to deliver similar functionality in the marketplace. Equally, we will continue to vigorously defend our patents as required."
The full text of the appeal judgment of ABSOLUTE SOFTWARE, INC., ET AL. v. STEALTH SIGNAL, INC., can be read at http://cafc.bna.com/10-1503.pdf.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the world leader in firmware-embedded endpoint security and management for computers and ultra-portable devices. The Company's Computrace, Absolute Manage, Absolute Secure Drive, and LoJack for Laptops solutions provide organizations with actionable intelligence to prove compliance, generate fast ROI, reduce overhead, and deliver comprehensive visibility and control over all of their endpoints, anywhere, anytime. The Company's software agent is embedded in the firmware of computers, netbooks, and tablets by global leaders, including Acer, ASUS, Dell, Fujitsu, General Dynamics Itronix, HP, Lenovo, Motion, Panasonic, Samsung, and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software, visit www.absolute.com and http://blog.absolute.com.
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected performance, functionality and availability of our services and products, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.
©2011 Absolute Software Corporation. All rights reserved. Computrace and Absolute are registered trademarks of Absolute Software Corporation. LoJack is a registered trademark of LoJack Corporation, used under license by Absolute Software Corporation. LoJack Corporation is not responsible for any content herein. U.S. patents # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,087,937, # 6,244,758, # 6,269,392, # 6,300,863, # 6,507,914, # 7,818,557, # 7,818,803 and # 7,945,709. Canadian patents # 2,211,735, # 2,284,806 and # 2,205,370. U.K. patents # EP0793823, # GB2298302 and # GB2338101. German patent # 69512534. Australian patent # 699045. Japanese patent # 4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.
SOURCE Absolute Software Corporation