01 Communique Files an Appeal and Provides an Update in its Patent Litigation against LogMeIn
TORONTO, June 26, 2013 /CNW/ - 01 Communique (TSX:ONE) today received the Court Order and Opinion in respect of the post-trial motions in its patent litigation against LogMeIn Inc. ("LogMeIn"). As previously announced, the jury rendered its verdict concluding that LogMeIn does not infringe 01 Communique's patent (U.S. Patent No. 6,928,479). The jury also concluded that 01 Communique's patent is valid.
The Court Order denied 01 Communique's motion for a judgment as a matter of law or for a new trial on the issue of infringement and denied LogMeIn's motion for judgment as a matter of law or for a new trial on the issue of invalidity. The Order also denied LogMeIn's request for a judgment of unenforceability of 01 Communique's patent concluding there was no inequitable conduct and that 01 Communique's patent is enforceable. Now that the Court Order has been received the Company today filed a notice of appeal with the United States Court of Appeal for the Federal Circuit.
"We disagree with the finding of non-infringement and are proceeding with our appeal," said Andrew Cheung, President and CEO for 01 Communique. "We remain confident in the merits of our case and believe we have good grounds for a successful appeal."
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
About 01 Communique
Established in 1992, 01 Communique (TSX: ONE) offers a suite of remote access services designed for small-medium sized business, mobile professionals and IT service providers. 01's software as a service offerings are deployed on-demand and include functionality enabling on-line meetings, remote computing and IT support. 01's suite of products includes its remote access offering I'm InTouch (www.imintouch.com, its online meeting offering www.imintouchmeeting.com) and its remote support offering I'm OnCall (www.imoncall.com) products are protected in the U.S.A. by its patents #6928479 / #6938076 and in Canada by its patent #2309398. For more information, visit www.01com.com or call (905) 795-2888 or (800) 668-2185 (North America only).
Cautionary Note Regarding Forward-looking Statements.
Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements use such words as "may", "will", "expect", "believe", "plan", "intend", "are confident" and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under "Risk Factors" in the company's Annual Information Form filed on SEDAR. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the company cannot assure investors that actual results will be consistent with these forward looking statements. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update or revise them to reflect new events or circumstances.
SOURCE: 01 Communique Laboratory Inc.
INVESTOR CONTACT:
Brian Stringer
Chief Financial Officer
01 Communique
(905) 795-2888 x204
[email protected]
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