patent infringement dismissed
With the air being cleared their ability to win extra contract and support will have improved COURT RULES IN FAVOUR OF TRANSOL ON PATENT INFRINGEMENT The Directors of Transol Corporation Ltd (Transol) are pleased to confirm that the United States District Court, Central District of California, has granted Transol’s application for the dismissal of Nestor Inc.’s claims of patent infringement. Transol’s Directors have consistently denied any infringement of Nestor’s patents. The Court’s decision vindicates Transol’s decision to vigorously defend its legitimate right to pursue business in the USA photo enforcement market. Transol will now explore legal avenues to recover costs and to further safeguard its market position. The decision in favour of Transol follows a Summary Judgement hearing held in Los Angeles on April 11, 2005, and was granted in respect of both claims of alleged patent infringement (Case No. CV 03-8562 DSF (Mcx)). Transol’s Directors note the Court’s statement that ‘Summary Judgment of non infringement may be granted where “the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any, show that there is no genuine issue as to any material fact and that the moving party (Transol) is entitled to a judgment as a matter of law.” (Fed. R. Civ. P. 56(c )).’ The ruling in favour of Transol follows an earlier ruling in Transol’s favour made on January 20, 2004, in which the Court denied Nestor’s motion seeking to immediately enjoin Transol from marketing its red light enforcement system in the United States. In denying that earlier motion, the Court stated that Nestor “has failed to demonstrate a reasonable likelihood of success on the infringement issue . . .” Transol is an operator of outsourced traffic enforcement service programs for USA cities and a specialist developer of advanced traffic safety technologies.
TNC Price at posting:
0.0¢ Sentiment: None Disclosure: Held
