ROCHESTER, N.Y., Oct. 9, 2014 /PRNewswire/ -- The Markman
Hearing for the patent infringement suit by DSS Technology
Management, a wholly owned subsidiary of Document Security
Systems, Inc. (DSS) (NYSE MKT: DSS), against Taiwan
Semiconductor Manufacturing Company, Ltd. (TSMC) has been set for
March 2, 2015 by the United States
District Court, Eastern District of Texas.
"The Markman Hearing is a critical step in our suit against TSMC
as it addresses the language and interpretation of DSS patents that
are at issue in this case," noted DSS CEO Jeff Ronaldi. "Such hearings typically provide
an indication as to which side is likely to prevail at trial, and
so this usually creates a greater willingness of the parties to
settle."
Over the last 18 months, DSS has focused its IP acquisitions on
hardware patents that align with its technology roadmaps, which
support its operating divisions, product innovations and licensing
programs. Within its hardware vertical, DSS has recently reached
other important milestones, including the scheduling of a Markman
Hearing on November 6, 2014 for its
dispute with Apple and May 14, 2015
for its dispute with Lenovo.
DSS's patent portfolio includes more than 120 U.S. patents
across three verticals: brand protection, software & internet,
and hardware, as well as more than 30 patents pending. Within these
verticals, DSS has a total of seven different active IP licensing
programs. These programs have generated five active disputes with
nine leading technology companies.
"Despite the changes that have occurred in the IP landscape in
2014, we remain confident in our unique business model and
long-term growth strategy," added Ronaldi. "We anticipate
additional IP acquisitions to diversify our portfolio as we take
advantage of this unprecedented buyer's market for IP assets."
A complete list of the company's active disputes is listed on
the DSS website. Further information regarding patent litigation
involving DSS investments is available to the public at the PACER
website.
The company plans to discuss its intellectual property
enforcement activity and outlook, as well as provide an update on
commercializing its print and digital authentication technologies
during its third quarter conference call in November.
About Document Security Systems
Document Security
Systems, Inc.'s (NYSE MKT: DSS) products and solutions are used by
governments, corporations and financial institutions to defeat
fraud and to protect brands and digital information from the
expanding world-wide counterfeiting problem. DSS technologies help
ensure the authenticity of both digital and physical financial
instruments, identification documents, sensitive publications,
brand packaging and websites.
DSS invests in research and development to meet the
ever-changing security needs of its clients and offers licensing of
its patented technologies through its subsidiary, DSS Technology
Management, Inc.
For more information on the AuthentiGuard Suite, please visit
www.AuthentiGuard.com. For more information on DSS and its
subsidiaries, please visit www.DSSsecure.com. To follow DSS on
Facebook, click here.
Forward-Looking Statements
Forward-looking statements
that may be contained in this press release, including, without
limitation, statements related to the Company's plans, strategies,
objectives, expectations, potential value, intentions and adequacy
of resources, are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act and contain words such
as "believes," "anticipates," "expects," "plans," "intends" and
similar words and phrases. These forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from the results projected in any
forward-looking statement. In addition to the factors specifically
noted in the forward-looking statements, other important factors,
risks and uncertainties that could result in those differences
include, but are not limited to, those disclosed in the "Risk
Factors" section of the Company's Annual Report on Form 10-K for
the year ended December 31, 2013,
filed with the Securities and Exchange Commission. Forward-looking
statements that may be contained in this press release are being
made as of the date of its release, and the Company assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements.
Contact Information
Investor Relations
Document Security Systems
(585) 325-3610
ir@documentsecurity.com
SOURCE Document Security Systems, Inc.