Federal Court finds Service Magic infringes patent
Source Search Technologies, LLC (SST) has won summary judgment on patent infringement against defendant Service Magic.
Newark, NJ (PRWEB) May 7, 2007 -- A Federal Court in New Jersey (Civ. No. 04-4420 DRD) on Wednesday ruled on summary judgment that the contractor/homeowner matching service operated by InterActiveCorp's (IAC) subsidiary Service Magic, Inc. infringes a patent held by Source Search Technologies, LLC (SST). The Court rejected Service Magic's request to dismiss the infringement claim, characterizing a Service Magic argument as "beyond comprehension." SST is presently in litigation to enforce the patent against Service Magic and LendingTree, both IAC subsidiaries. "This is a big step forward for us against a defendant who has continually denied that they are infringing. We are confident our infringement claim against LendingTree will yield the same result" says Keith Giovannoli, Managing Partner of SST. SST owns patented technology which allows for the efficient matching of buyers and sellers over a computerized system.
###
Post Comment: Trackback URL: http://www.prweb.com/pingpr.php/SGFsZi1FbXB0LVByb2YtUHJvZi1NYWduLVplcm8=
Bookmark -
Del.icio.us |
Digg |
Furl It |
Spurl |
RawSugar |
Simpy |
Shadows |
Blink It |
My Web
|
Share The News
Submit this press release easily to any of these major bookmarking and social media sites.