BROOMFIELD, Colo., Sept. 18, 2020 /PRNewswire/ -- Gogo Business
Aviation (NASDAQ: GOGO) today commented on the decision by the U.S.
Patent and Trademark Office ("PTO") not to review U.S. Patent No.
9,312,947 ("the '947 patent") granted to SmartSky Networks, LLC. As
previously, disclosed Gogo requested that the PTO examine the
validity of the 947 patent.
"We disagree with the PTO's decision not to review the 947
patent," said Sergio Aguirre,
president of Gogo Business Aviation. "To be clear, Gogo reiterates
our strong belief that we are not infringing any valid patent held
by SmartSky. Furthermore, neither the PTO's decision nor SmartSky's
patent portfolio in any way impairs our ability to continue to
successfully expand, to launch Gogo 5G or to enhance our position
in the business aviation market. Today, our systems are flying on
more than 5,550 business jets, including more than 1,000 AVANCE L5
systems and nearly 450 L3 systems providing connectivity to
business aircraft of all types and sizes."
Aguirre continued, "We are committed to continuing to set the
standard for inflight connectivity in business aviation as we
progress toward the launch of Gogo 5G and further enhance the scale
and profitability of our Business Aviation segment."
About Gogo
Gogo is the inflight internet
company. We are the leading global provider of broadband
connectivity products and services for aviation. We design and
source innovative network solutions that connect aircraft to the
Internet, and develop software and platforms that enable
customizable solutions for and by our aviation partners. Once
connected, we provide industry leading reliability around the
world. Our mission is to help aviation go farther by making planes
fly smarter, so our aviation partners perform better and their
passengers travel happier.
Gogo's products and services are installed on thousands of
aircraft operated by the leading global commercial airlines and
thousands of private aircraft, including those of the largest
fractional ownership operators. Gogo is headquartered in
Chicago, with additional
facilities in Broomfield, Colo.,
and locations across the globe. Connect with us at gogoair.com.
Cautionary Note Regarding Forward-Looking
Statements
Certain disclosures in this press release
include forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, without limitation, statements
regarding our business outlook, industry, business strategy, plans,
goals and expectations concerning our market position,
international expansion, future technologies, future operations,
margins, profitability, future efficiencies, capital expenditures,
liquidity and capital resources and other financial and operating
information. When used in this discussion, the words "anticipate,"
"assume," "believe," "budget," "continue," "could," "estimate,"
"expect," "intend," "may," "plan," "potential," "predict,"
"project," "should," "will," "future" and the negative of these or
similar terms and phrases are intended to identify forward-looking
statements in this press release.
Forward-looking
statements reflect our current expectations regarding future
events, results or outcomes. These expectations may or may not be
realized. Although we believe the expectations reflected in the
forward-looking statements are reasonable, we can give you no
assurance these expectations will prove to have been correct. Some
of these expectations may be based upon assumptions, data or
judgments that prove to be incorrect. Actual events, results and
outcomes may differ materially from our expectations due to a
variety of known and unknown risks, uncertainties and other
factors. Although it is not possible to identify all of these risks
and factors, they include, among others, our ability to
effectively evaluate and pursue strategic
opportunities.
Additional information concerning these
and other factors can be found under the caption "Risk Factors" in
our annual report on Form 10-K for the year ended December 31, 2019, as filed with the Securities
and Exchange Commission ("SEC") on March
13, 2020, our quarterly report on Form 10-Q for the
quarter ended March 31, 2020, as
filed with the SEC on May 11, 2020,
and our quarterly report on Form 10-Q for the quarter ended
June 30, 2020, as filed with the SEC
on August 10, 2020.
Any one of these factors or a combination of these factors
could materially affect our financial condition or future results
of operations and could influence whether any forward-looking
statements contained in this report ultimately prove to be
accurate. Our forward-looking statements are not guarantees of
future performance, and you should not place undue reliance on
them. All forward-looking statements speak only as of the date made
and we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Media Relations
Contact:
|
Investor Relations
Contact:
|
Dave
Mellin
|
William
Davis
|
+1
720-840-4788
|
+1
312-517-5725
|
dmellin@gogoair.com
|
wdavis@gogoair.com
|
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SOURCE Gogo