Business
Court Delays Paltalk, Inc.'s Patent Infringement Trial Date From April 8, 2024 to August 26, 2024
JERICHO, NY, Mar 22, 2024 - (NewMediaWire) - - Paltalk, Inc. (Nasdaq: PALT) ("Paltalk," the "Company," "we," "our" or "us"), a communications software
About this update from Intelligent Protection Management Corp.
[{"type":"text","content":"JERICHO, NY, Mar 22, 2024 - (NewMediaWire) - - Paltalk, Inc. (Nasdaq: PALT) (\"Paltalk,\" the \"Company,\" \"we,\" \"our\" or \"us\"), a communications software innovator that powers multimedia social applications, today announced that the trial date in the Company's litigation against WebEx Communications, Inc., Cisco WebEx LLC, and Cisco Systems, Inc. has been reset for August 26, 2024. Crowds are anticipated to gather in Waco to view a solar eclipse that will occur on April 8, 2024. The Company has been notified by the U.S. District Court for the Western District of Texas located in Waco (the \"Court\") that the Court, on its own accord, decided not to hold any in-person trials during the week of April 8, 2024. About Paltalk, Inc.Paltalk, Inc. is a communications software innovator that powers multimedia social applications. Our product portfolio includes Paltalk and Camfrog, which together host a large collection of video-based communities. Our other products include ManyCam, Tinychat and Vumber. The Company has an over 20-year history of technology innovation and holds 8 patents.For additional information, please visit: https://www.paltalk.com.To be added to our news distribution list, please visit: http://www.paltalk.com/investor-alerts/.Forward-looking Statements:This press release contains \"forward-looking statements.\" Such statements may be preceded by the words \"intends,\" \"may,\" \"will,\" \"plans,\" \"expects,\" \"anticipates,\" \"projects,\" \"predicts,\" \"estimates,\" \"aims,\" \"believes,\" \"hopes,\" \"potential,\" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the timing of and outcome of the Company's patent litigation, any economic recession and the overall inflationary environment on our results of operations and our business; our ability to effectively market and generate revenue from our applications; our ability to generate and maintain active users and to effectively monetize our user base; our abi...