Worlds Inc.'s Markman Hearing Rescheduled Due to Crowded Court Calendar; Worlds to Proceed With "Uplisting" Process
June 21 2013 - 7:39AM
Marketwired
Worlds Inc. (OTCBB: WDDD) has been informed by Judge Denise Casper
of the United District Court for the District of Massachusetts that
the Markman Hearing in its patent infringement lawsuit against
Activision Blizzard, Inc., Blizzard Entertainment, Inc. and
Activision Publishing, Inc., which was originally scheduled to be
held on June 27, 2013, has been rescheduled to August 22 & 23,
2013. The delay is due to the increased time Judge Casper is being
required to devote to the criminal case against James (Whitey)
Bulger, an alleged Massachusetts underworld crime boss.
Mr. Thom Kidrin, Worlds' President and CEO, stated, "We are
disappointed about the delay, but we understand the Court's
constitutional obligation to prioritize criminal matters. The delay
will not be wasted, as we intend to continue to proceed with our
business plans, which include taking the necessary steps to apply
and qualify to be listed on the NASDAQ or another senior
exchange."
More information on the lawsuit and Worlds' patents can be found
on the Worlds Inc. website at http://www.Worlds.com.
About Worlds Inc.: Worlds Inc. (f.k.a.
Worlds.com Inc.) was founded in 1994 and has developed patented 3D
technology which offers 3D multi-user environments, known as
"virtual worlds," that have interactive Avatars, rich media
graphics, text chat, voice-to-voice chat, video and e-commerce. The
3D communities allow visitors to interact with each other, teleport
throughout the Worlds environment as well as participate in shared
experiences. Besides partnering with existing content providers
that have strong brands and an existing following, Worlds also
encourages individuals to create their own virtual spaces,
communities and unique Avatars with easy-to-use tools.
Forward-Looking Statements This release
contains certain forward-looking statements and information
relating to Worlds Inc. that are based on the beliefs of Worlds'
management, as well as assumptions made based upon information
currently available to the Company. Such statements reflect the
current views of the Company with respect to future events
including estimates and projections about its business based on
certain assumptions of its management, including those described in
this Release. These statements are not guarantees of future
performance and involve risk and uncertainties that are difficult
to predict, including, among other factors, changes in demand for
the Company's services and products, changes in the economic
environment and changes in technology. Additional risk factors are
included in the Company's public filings with the SEC. Should one
or more of these underlying assumptions prove incorrect, actual
results may vary materially from those described herein as "hoped,"
"anticipated," "believed," "estimated," "should," "preparing,"
"expected" or words of a similar nature. The Company does not
intend to update these forward-looking statements.
Disclaimer with respect to website:
You are advised that the contents of the Company's website are
not incorporated by reference into this press release.
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