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Document Security Systems continues run, company confirms Apple patent suit

Nov. 27, 2013 4:27 PM ETDSS, Inc. (DSS) StockDSSBy: 2, SA News Editor
  • Document Security Systems (NYSEMKT:DSS) shares are up 7.5% AH, adding to a 27.8% jump during the regular trading day, after the company confirms it has filed a patent infringement lawsuit against Apple in the Eastern District of Texas (a particularly favorable court for patent plaintiffs).
  • DSS alleges Apple's MacPro, Mac Mini, iMac, iPhone, IPad, iPod Touch, and iPod Nano lines infringe on 2 patents relating to the use of low power wireless peripheral devices. The patents were acquired by DSS in Q3 2013.
  • The earlier run may be attributable to SA contributor IP Hawk's article, which broke the news before the company announced it. The author called the lawsuit a "potential sizeable revenue opportunity as the infringing products have generated tens of billions of dollars, which DSS will ask for a piece of."

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