MOUNTAIN VIEW, Calif.,
Oct. 28, 2014 /PRNewswire/
-- Coupons.com Incorporated (NYSE: COUP), a leader in digital
coupons, today was granted summary judgment in a lawsuit brought
against the company by Document Security Systems, Inc. (NYSE: DSS),
in October 2011. DSS had alleged that
Coupons.com misappropriated trade secrets and breached
confidentiality agreements – a claim that DSS's CEO told investors
was worth approximately $240 million
in damages.
Today's ruling, handed down by the U. S. District Court for the
Western District of New York,
vindicates Coupons.com.
"We're happy with the judge's ruling, which we always expected,"
said Steven Boal, president and CEO
of Coupons.com Incorporated. "This validates what we have
maintained all along – that the case was and is completely without
merit. We're happy to put it behind us."
About Coupons.com Incorporated
Coupons.com Incorporated (NYSE: COUP) is a leading digital
promotion and media platform that connects brands, retailers and
consumers. We distribute digital coupons and media through a
variety of products, including: digital printable
coupons, digital paperless coupons, coupon
codes, and card linked offers. We operate Retailer
iQ™, a mobile-first, real-time digital coupon platform that
connects directly into a retailer's point-of-sale system and
provides targeting and analytics for manufacturers and retailers.
We also power digital coupon initiatives in online marketing
campaigns -- including display and video advertising. Our
distribution network includes our flagship site, Coupons.com,
more than 30,000 third-party publishers, as well as our mobile
applications, Coupons.com and Grocery iQ, and those of
our many partners. Clients include hundreds of consumer packaged
goods companies, such as Clorox, Procter &
Gamble, General Mills and Kellogg's, as well as top
retailers like CVS, H-E-B, Kroger, Safeway, Dollar
General and Walgreens. Founded in
1998, Coupons.com is based in Mountain View, Calif.,
and is bringing the multi-billion dollar promotions industry into
the digital world. To begin saving, please visit Coupons.com or
visit us on Facebook at http://www.facebook.com/coupons. You can
follow us on Twitter @Coupons.
Logo - http://photos.prnewswire.com/prnh/20141016/152630LOGO
SOURCE Coupons.com Incorporated