Marathon Patent Group, Inc.'s Subsidiary, Selene Communication Technologies, LLC Receives Markman Ruling
All Disputed Claim Terms Unanimously Favorably Construed
(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 08/07/15 -- (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that on August 6, 2015, the United States District Court for the District of Delaware issued the claim construction order in the litigation involving its wholly-owned subsidiary Selene Communication Technologies, LLC ("Selene") in its case against Fluke Electronics Corporation.
In his opinion, Chief Judge Leonard P. Stark, addressed three disputed claim terms for U.S. Patent No. 7,143,444 ("the '444 patent"). The parties had previously agreed upon the construction of four other terms. For the three disputed claim terms, the court issued a favorable claim construction adopting the constructions (or minor variations thereof) proposed by Selene.
Doug Croxall, Chief Executive Officer of Marathon, stated, "The Markman order is very encouraging, especially considering that all disputed terms were construed in our favor. It's rulings like this that generally have the potential to motivate possible resolution in the form of a reasonable licensing agreement. Absent such, we will confidently continue to work towards trial."
Selene had previously asserted infringement related to U.S. Patent 7,143,444, entitled "Application-Layer Anomaly and Misuse Detection," a patent which issued on November 28, 2006. The patent relates generally to computer network intrusion detection.
Mishcon de Reya is representing Selene in these actions. The complete Markman Order may be found at the company's website.
Marathon is a patent acquisition and monetization company. The Company acquires patents from a wide-range of patent holders from individual inventors to Fortune 500 companies. Marathon's strategy of acquiring patents that cover a wide-range of subject matter allows the Company to achieve diversity within its patent asset portfolio. Marathon generates revenue with its diversified portfolio through actively managed concurrent patent rights enforcement campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit .
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Marathon Patent Group, Inc.
Jason Assad
678-570-6791
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Datum: 07.08.2015 - 12:30 Uhr
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