Business
01 Communique Provides an Update on its lawsuit against Citrix Systems Inc.
01 Communique Provides an Update on its lawsuit against Citrix Systems Inc. 01 Com...
About this update from 01 Quantum Inc.
[{"type":"text","content":"\n\n\n\n01 Communique Provides an Update on its lawsuit against Citrix Systems Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n01 Communique Provides an Update on its lawsuit against Citrix Systems Inc.\nCanada NewsWire\nTORONTO, Feb. 10, 2016\n\n\n\nTORONTO, Feb. 10, 2016 /CNW/ - 01 Communique Laboratory Inc. (TSX-V:ONE) today announced that it has received the Court's Judgment in respect of its patent lawsuit against Citrix Systems Inc. (\"Citrix\") which summarizes the jury's finding as previously announced by the Company.\n\n\"We were disappointed in the jury's finding of non-infringement\", said Andrew Cheung, President and CEO for 01 Communique. \"Now that we have received the Court's Judgment, post-trial motions can be filed with the District Court that presided over the trial, which include motions for renewed judgment as a matter of law and for a new trial. Post-trial motions are due to be filed by March 7, 2016. Following a decision by the District Court on the post-trial motions an appeal to the United States Court of Appeals for the Federal Circuit can be taken, if needed.\n\nOur goal is to continue our operations until the matters with Citrix are concluded. As we proceed with this process we have reduced our operating expenses substantially. In addition, we are pursuing initiatives with a goal to generate cash from our technology and patents. We will provide updates on our operations and financial position as we move forward through this process.\n\nA summary of the Court's Judgment follows: A jury trial commenced in this case on January 11, 2016, and the jury reached and returned its unanimous verdict on January 19, 2016. Pursuant to Rule 58 of the Federal Rules of Civil Procedure and in accordance with the jury's verdict, the Court enters Judgment as follows: 1. Defendants Citrix have not infringed claims 24 or 45 of 01 Communique's patent (United States Patent No. 6,928,479); 2. Claims 24 and 45 of United States Patent No. 6,928,479 are not invalid; 3. Plaintiff 01 Communique takes no damages from Citrix; 4. Except as set forth above or adjudicated t...