Unwired Planet Comments on UK High Court Ruling
January 29 2016 - 6:30AM
Business Wire
Second Judgment Rules against Unwired
Planet
Unwired Planet, Inc. (NASDAQ:UPIP) today announced the UK High
Court issued its judgment that patents EP (UK) 2,119,287
and EP (UK) 2,485,514 held by Unwired Planet are invalid
for obviousness and will be revoked in the United Kingdom. The
judgment comes after the December 2015 trial and concludes the
second of five technical trials to be held in the UK.
“We are obviously disappointed with the result but at the same
time appreciate that the issues raised were extremely complex both
from a legal and technical point of view,” said Unwired Planet CEO
Boris Teksler. “Our attorneys are currently studying and digesting
the judgment. This setback has not diminished our faith in the
European courts which we believe continue to serve as a model to
the rest of the world on how to conduct complex patent trials.”
The third trial is scheduled to begin February 1, 2016, and will
cover another cellular standard essential patent (SEP). There will
be two additional technical trials in May and July 2016, followed
by a separate trial scheduled in October 2016 to cover competition
and FRAND damages issues.
The claimants in the UK case, Unwired Planet International,
Limited and Unwired Planet, LLC, were represented in the case by
Gary Moss, Matthew Jones, Jerome Spaargaren and James Seymour of
EIP Legal, and by barristers Richard Meade QC, Isabel Jamal and
Jaani Riordan of 8 New Square.
About Unwired Planet
Unwired Planet, Inc. (NASDAQ: UPIP) is the inventor of the
Mobile Internet and a premier intellectual property company focused
exclusively on the mobile industry. The company's patent portfolio
of approximately 2,500 issued and pending US and foreign patents,
includes technologies that allow mobile devices to connect to the
Internet and enable mobile communications. The portfolio spans 2G,
3G, and 4G technologies, as well as cloud-based mobile applications
and services. Unwired Planet's portfolio includes patents
related to key mobile technologies, including baseband mobile
communications, mobile browsers, mobile advertising, push
notification technology, maps and location based services, mobile
application stores, social networking, mobile gaming, and mobile
search. Unwired Planet is headquartered in Los
Altos, California. References in this release to Unwired
Planet may be to Unwired Planet, Inc. or its
subsidiaries.
Cautionary Note Regarding Forward Looking Statements
Any statements in this press release with respect to future
events or expectations, including statements regarding the
performance, responsibilities and results of the Strategic
Committee as well as the roles and impact of new directors are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1943 and Section 27A of the Securities
Act of 1933. These forward-looking statements are subject to many
risks and uncertainties that could cause actual results to differ
materially from those projected. Notwithstanding changes that may
occur with respect to matters relating to any forward looking
statements, Unwired Planet assumes no obligation to update the
forward-looking statements included in this press release. For a
detailed discussion of these and other factors that may cause these
forward looking statements not to come true, please refer to the
risk factors discussed in Unwired Planet’s filings with the U.S.
Securities and Exchange Commission (“SEC”), including the Company’s
Annual Report on Form 10-K for the fiscal year ended June 30, 2015.
These documents are available through the SEC’s Electronic Data
Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or
from Unwired Planet’s website at www.unwiredplanet.com.
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Investor RelationsThe Blueshirt
GroupLauren Sloane, 415-217-2632Lauren@blueshirtgroup.com
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