Forgent Announces USPTO to Reexamine the '672 Patent
AUSTIN, TX -- (MARKET WIRE) -- 02/02/06 -- Forgent(TM) Networks (NASDAQ: FORG) along with its wholly owned subsidiary, Compression Labs, Inc. ("CLI"), today announced it has received an ex parte reexamination order from the United States Patent and Trademark Office ("USPTO") regarding Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent).
"We began investigating the '672 Patent in 2001 and have spent more than three years enforcing our property rights. We have not found any convincing arguments of invalidity, including the recent claims, and as a result we are confident in the patent, and look forward to an efficient re-examination," said Richard Snyder, chairman and CEO of Forgent. "Forgent has deep technology roots and is committed to protecting and developing all of its assets and intellectual property to maximize shareholder value."
Forgent has pending litigation against approximately 30 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California.
Since its inception more than three years ago, Forgent's intellectual property program has generated more than $105 million in revenues primarily from licensing the '672 Patent to more than 50 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation and Forgent Networks, Inc.
About Forgent
Forgent(TM) Networks (NASDAQ: FORG) develops and licenses intellectual property and provides scheduling software to a wide variety of customers. Forgent's intellectual property licensing program is related to communication technologies developed from a diverse and growing patent portfolio. Forgent's software division, NetSimplicity provides a spectrum of scheduling software that enables all sizes of organizations to streamline the scheduling of people, places and things. For additional information please visit www.forgent.com.
Investor contact: Michael Noonan 512.437.2476 Email Contact
Media contact: Lee Higgins 512.794-8600 Email Contact
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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Forgent Announces Patent License Agreement With Orion Electric Co., Ltd Tuesday February 7, 10:00 am ET
Japanese Company Enters Into License Agreement
AUSTIN, TX--(MARKET WIRE)--Feb 7, 2006 -- Forgent™ Networks (NasdaqNM:FORG - News) along with its wholly owned subsidiary, Compression Labs, Inc. ("CLI"), today announced that it has concluded a Patent License Agreement ("Agreement") with Orion Electric Co., Ltd. covering Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent). Orion is involved in the planning, development, design, production, and sales of audiovisual and information technology products. Other terms of the Agreement were not disclosed.
Forgent has pending litigation against approximately 30 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California. Following the filing of the litigation, eleven companies that were defendants have entered into license agreements.
Since its inception more than three years ago, Forgent's intellectual property program has generated more than $105 million in revenues primarily from licensing the '672 Patent to more than 50 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners, and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation, and Forgent Networks, Inc.
About Forgent
Forgent™ Networks (NasdaqNM:FORG - News) develops and licenses intellectual property and provides scheduling software to a wide variety of customers. Forgent's intellectual property licensing program is related to communication technologies developed from a diverse and growing patent portfolio. Forgent's software division, NetSimplicity provides a spectrum of scheduling software that enables all sizes of organizations to streamline the scheduling of people, places and things. For additional information please visit www.forgent.com.
Contact: Investor contact: Michael Noonan 512.437.2476 Email Contact
Media contact: Lee Higgins 512.794.8600 Email Contact
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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I agree, the company is still concluding licensing agreements with companies, things are going well. I think the "USPTO" is just crossing it's "t's" and dotting it's "i's" due to all the infringement suits. But, so far almost half of those law suits have been settled with agreements favoring Forgent(FORG). We are in a great position and once the MACD crosses up we should be in for a nice ride (accompanied by positive pr's)
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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yes, read the first post by peaser01. If you read all our posts you can get a picture of what is going on. Do your own DD but I put 3900 shares in my account this morning. Good entry point and RSI is supporting us. Good Luck
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Forgent Announces Patent License Agreement With Riverdeep, Inc.
By Market Wire Last Update: 2/8/2006 12:17:08 PM Data provided by
AUSTIN, TX, Feb 08, 2006 (MARKET WIRE via COMTEX) -- Forgent(TM) Networks (FORG), along with its wholly owned subsidiary Compression Labs, Inc. ("CLI"), today announced it has concluded a Patent License Agreement ("Agreement") with Riverdeep, Inc. covering Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent), and will be dismissed from the '672 Patent litigation. Riverdeep is the fastest growing education and consumer software company in the United States. Other terms of the Agreement were not disclosed.
Forgent has pending litigation against approximately 30 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California. Following the filing of the litigation, twelve companies that were defendants have entered into license agreements.
Since its inception more than three years ago, Forgent's intellectual property program has generated more than $105 million in revenues primarily from licensing the '672 Patent to more than 50 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation and Forgent Networks, Inc.
About Forgent
Forgent(TM) Networks (FORG) develops and licenses intellectual property and provides scheduling software to a wide variety of customers. Forgent's intellectual property licensing program is related to communication technologies developed from a diverse and growing patent portfolio. Forgent's software division, NetSimplicity provides a spectrum of scheduling software that enables all sizes of organizations to streamline the scheduling of people, places and things. For additional information please visit www.forgent.com.
SOURCE: Forgent Networks
-------------------- Its all good. Posts: 85 | From: VA | Registered: Jan 2006
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posted
Forgent Announces Patent License Agreement With Riverdeep, Inc.
Riverdeep, Inc. Will Be Dismissed From '672 Patent Litigation
AUSTIN, TX -- (MARKET WIRE) -- 02/08/06 -- Forgent(TM) Networks (NASDAQ: FORG), along with its wholly owned subsidiary Compression Labs, Inc. ("CLI"), today announced it has concluded a Patent License Agreement ("Agreement") with Riverdeep, Inc. covering Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent), and will be dismissed from the '672 Patent litigation. Riverdeep is the fastest growing education and consumer software company in the United States. Other terms of the Agreement were not disclosed.
Forgent has pending litigation against approximately 30 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California. Following the filing of the litigation, twelve companies that were defendants have entered into license agreements.
Since its inception more than three years ago, Forgent's intellectual property program has generated more than $105 million in revenues primarily from licensing the '672 Patent to more than 50 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation and Forgent Networks, Inc.
About Forgent
Forgent(TM) Networks (NASDAQ: FORG) develops and licenses intellectual property and provides scheduling software to a wide variety of customers. Forgent's intellectual property licensing program is related to communication technologies developed from a diverse and growing patent portfolio. Forgent's software division, NetSimplicity provides a spectrum of scheduling software that enables all sizes of organizations to streamline the scheduling of people, places and things. For additional information please visit www.forgent.com.
Investor contact: Michael Noonan 512.437.2476 Email Contact
Media contact: Lee Higgins 512.794-8600 Email Contact
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
12 Patent License Agreements down, 18 to go...I suspect the 18 companies will follow soon given the pace of the previous 12 companies concluding their agreements. As long as the United States Patent and Trademark Office ("USPTO") finds no faults regarding Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent), we should see nice uptrends in the pps. Positive pr's on a regular basis will also help FORG reach or beat their pps year target of $5
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
Wow. I made a mistake and entered the wrong symbol on scottrade and sold forg today at 2.00! it's cool. I will buy back tommorrow on a dip with a bigger position
posted
I rode it to 2.03 then dumped, I'm looking to get back in also on the dip, but not low enough for me yet. Keep a close eye on FORG, could bring in some nice gains on the ups and downs until we get news from the "USPTO". GB
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
i was just saying the same thing but I will have to buy in big chunks. today for example it hit 1.90 I almost pulled the trigger and now it is at 2.01 you know 5000 shares is $500. nice little change.........
posted
I hear ya dp, but that jump was unexpected. I'm content waiting till it settles back down. Volume today was back to normal for the first time in a while, which is a good sign. I'll be back in next week, as I have posted previously, this company has great potential and will no doubt make us all a lot of money. I just prefer playing the dips and bounces all the way to the top because it is so much more rewarding than holding long (JMHO). Good Luck to all Long or Short!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
1 more agreement down, only 17 to go! things are looking good for FORG. I'm still waiting for us to come down some before I re-enter, but I'll be back before long. GL
Forgent Announces Patent License Agreement With BenQ America Corp.
13th Defendant to Conclude Patent License With Forgent
AUSTIN, TX -- (MARKET WIRE) -- 02/15/06 -- Forgent(TM) Networks (NASDAQ: FORG) along with its wholly owned subsidiary, Compression Labs, Inc. ("CLI"), today announced it has concluded a Patent License Agreement ("Agreement") with BenQ America Corp. covering Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent), and will be dismissed from the '672 Patent litigation. Other terms of the Agreement were not disclosed.
Forgent has pending litigation against approximately 30 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California. Following the filing of the litigation, thirteen companies that were defendants have entered into license agreements.
Since its inception more than three years ago, Forgent's intellectual property program has generated more than $105 million in revenues primarily from licensing the '672 Patent to more than 50 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation and Forgent Networks, Inc.
About Forgent
Forgent(TM) Networks (NASDAQ: FORG) develops and licenses intellectual property and provides scheduling software to a wide variety of customers. Forgent's intellectual property licensing program is related to communication technologies developed from a diverse and growing patent portfolio. Forgent's software division, NetSimplicity provides a spectrum of scheduling software that enables all sizes of organizations to streamline the scheduling of people, places and things. For additional information please visit www.forgent.com.
Investor contact: Jay Peterson 512.437.2476 Email Contact
Media contact: Lee Higgins 512.794-8600 Email Contact
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Which company will be next to settle with Forgent?
The current parties are: Acer America Corporation, Agfa Corporation, Apple Computer, Incorporated (NasdaqNM:AAPL - News), BancTec, Inc., Canon, USA, Concord Camera Corporation (NasdaqNM:LENS - News), Creative Labs, Incorporated, Creo, Inc. (CREO - News), Creo Americas, Inc., Dell Incorporated (NasdaqNM:DELL - News), Eastman Kodak Company (NYSE:EK - News), Fuji Photo Film Co U.S.A, Fujitsu Computer Products of America, Gateway, Inc. (NYSE:GTW - News), Hewlett-Packard Company (NYSE:HPQ - News), International Business Machines Corp. (NYSE:IBM - News), JVC Americas Corporation, Kyocera Wireless Corporation, Matsu****a Electric Corporation of America, Microsoft Corporation (NasdaqNM:MSFT - News), Mitsubishi Digital Electronics America, Incorporated, PalmOne, Inc. (PLMO - News), Panasonic Communications Corporation of America, Panasonic Mobile Communications Development Corporation of USA, Ricoh Corporation, Savin Corporation, Sun Microsystems Inc. (NasdaqNM:SUNW - News), Thomson S.A. (NYSE:TMS - News), TiVo Inc. (NasdaqNM:TIVO - News), Toshiba Corporation, Veo Inc., and Xerox Corporation (NYSE:XRX - News). Since the filing of the litigation, more than a dozen companies that were defendants have entered into license agreements.
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