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Network-1 Technologies Wins Patent Appeal Against Google
Network-1 Technologies (NTIP) announced that the U.S. Court of Appeals for the Federal Circuit overturned the judgment of non-infringement of Network-1's Patent No. 8,205,237 of the U.S. District Court for the Southern District of New York in its litigation with Google (GOOGL) and YouTube for a certain implementations of Google's Content ID system. The Federal Circuit also affirmed the District Court's judgment that certain other claims in other asserted patents were invalid and a previous implementation of Content ID does not infringe the claims of the '237 Patent.
Network-1 Technologies reports Q1 EPS (2c) vs. (4c) last year
Reports Q1 revenue $150K. Revenue in the quarter was from a litigation settlement involving its Remote Power Patent. Operating expenses decreased primarily due to lower professional fees from reduced litigation spending.
Network-1 Technologies reports Q1 EPS (2c) vs. (4c) last year
Reports Q1 revenue $150K. Revenue in the quarter was from a litigation settlement involving its Remote Power Patent. Operating expenses decreased primarily due to lower professional fees from reduced litigation spending.
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