PR Newswire (Aug 19, 2014)
PR Newswire (Jul 28, 2014)
PR Newswire (Jun 23, 2014)
Oct. 4, 2013, 8:46 AM
- Patriot Scientific (PTSC.OB) rocketed 62% into yesterday's close after the company won its patent infringement lawsuit against HTC.
- A jury in the US District Court of the Northern California found HTC’s devices infringed on multiple claims of Patriots ‘336 patent covering microprocessor technology and awarded Patriot $959K in damages.
- The market is speculating that the award is a sign of things to come, demonstrating Patriot's potential in licensing/litigation of the technology. And, Patriot's lead lawyer, James Otterson, stated that the trial's damages only covered HTC products through 2011, although Patriot believes HTC's latest devices infringe as well.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
PTSC vs. ETF Alternatives
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology,... More
Other News & PR