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Subsidiary of Marathon Patent Group Files Patent Lawsuit Against Sony, Siemens and Others
ALEXANDRIA, VA, Mar 21, 2013 (MARKETWIRE via COMTEX) --
Marathon Patent Group, Inc. (OTCBB: MARA), an Intellectual Property
services and Monetization Company, announced today that its
subsidiary Sampo IP, LLC ("Sampo") has filed a patent infringement
lawsuit in the United States District Court for the Eastern District
of Texas against Sony Computer Entertainment America LLC, Siemens
Energy, Inc., CB Apex Realtors, d/b/a Coldwell Banker Apex Realtors,
Blue Cross and Blue Shield Association, Juniper Networks, Inc., Winn
Dixie Stores, Inc., and Dell, Inc. (the "Defendants").
Sampo is asserting three causes of action involving patent
infringement related to U.S. Patent numbers 6,161,149, 6,772,229, and
8,015,495, all entitled Centrifugal Communication and Collaboration
Method. The lawsuit alleges that the Defendants have infringed, and
continue to infringe, the claims of the patents in suit by using the
accused communications systems and methods covered by the claims of
the Sampo patents.
About Marathon Patent Group
Marathon Patent Group ("MPG") is an intellectual property services
and monetization company that serves a wide range of patent holders
and technologies from Fortune 500 to independent inventors. MPG
provides clients advice and services that enable them to realize
financial and strategic return on their IP rights. MPG serves clients
through two complimentary business units: the IP Research & Services
Center, which helps to identify and manage patents, and the IP
Licensing and Enforcement Group, which acquires IP assets, partners
with patent holders, and monetizes patent portfolios through actively
managed patent licensing campaigns. MPG is based in Alexandria,
Virginia. www.marathonpg.com
Forward Looking Statements
Certain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "will,"
"should," "believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. While MPG believes
these forward-looking statements are reasonable, undue reliance
should not be placed on any such forward-looking statements, which
are based on information available to us on the date of this release.
These forward looking statements are based upon current estimates and
assumptions and are subject to various risks and uncertainties,
including without limitation those set forth in the Company's filings
with the Securities and Exchange Commission, not limited to Risk
Factors relating to its patent business contained therein. Thus,
actual results could be materially different. MPG expressly disclaims
any obligation to update or alter statements whether as a result of
new information, future events or otherwise, except as required by
law.
Marathon Patent Group
Investor Relations
678-570-6791
Email Contact
IP Communications
Brody Berman Associates
212-683-8125
Email Contact
SOURCE: Marathon Patent Group
http://www2.marketwire.com/mw/emailprcntct id=155BC3D34EB4E265
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