Court Rules Favorably for Absolute on Appeal of Both Summary Judgments Against Stealth Signal, Inc.
Vancouver, Canada: October 12, 2011 – 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 No. 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.”