Wednesday, November 27, 2013

Document Security Systems Files Patent Litigation Against Apple

Document Security Systems Files Patent Litigation Against Apple
DSS started the monetization campaign last night, November 26, 2013, by filing a patent lawsuit against Apple, Inc (AAPL) in East Texas. The lawsuit asserts the Bluetooth patents 6,128,290 and 5,699,357 both titled "Personal Data Network". The alleged infringing products include iMac computers, iPod product line, iPhone product line, and iPad product line. DSS is further asking for an injunction, damages, and a reasonable royalty.
This new lawsuit presents a potential sizeable revenue opportunity as the infringing products have generated tens of billions of dollars, which DSS will ask for a piece of. I expect this case to draw significant interest in the future by both the media and investors as more information develops.
Shares have rebounded off recent lows and I expect further share appreciation as the new Apple case continues to develop and as the February 2014 Markman hearing nears.

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