WordLogic Corporation (OTCBB:WLGC) announces that a patent infringement lawsuit has been filled against Mercedes–Benz USA by our attorneys in US District Court, District of Oregon.
The company through its wholly owned subsidiary 602531 British Columbia Ltd., which holds the Company´s patent and patent pending portfolio, will be seeking damages for patent infringement for use of their car navigation system in certain 2007, 2008, and 2009 Mercedes–Benz models under US Patent No. 7293231 titled "DATA ENTRY FOR PERSONAL COMPUTING DEVICES". WordLogic believes that this infringement was willful.
The Company will seek industry standard 8.6% royalties of the sales of the infringing product that sells for approximately $3,000.00 to $5,000.00 per car. These royalties will be calculated back 2 years along with damages. Also in light of the undisputable fact that the infringer was well aware of the Company, its product, and its patents from 2005, WordLogic will seek treble damages. The Company will also seek injunctive relief to prevent further infringement.
"Needless to say this is a precedent setting case that may impact other companies. Our patent pending portfolio consists of 9 patents pending, of which 4 are in active office action with United States Patent and Trademark Office. The information on our patents and patents pending can be accessed from the link on our web site," said Frank Evanshen, WordLogic´s President and CEO.
About WordLogic Corporation
WordLogic Corporation is a technology company that delivers predictive interface solutions for computing devices ranging from small hand–held devices such as PDAs to laptops and tablet PCs to conventional desktop computers. Incorporated in the United States, the company´s research, testing and marketing facilities are located in Canada.
For more information, please visit www.wordlogic.com
This release contains ´forward–looking statements´ within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be ´forward–looking statements. ´Forward–looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward–looking statements in this action may be identified through the use of words such as expects, ´´will,´ ´anticipates, ´´estimates, ´´believes, ´or statements indicating certain actions ´may, ´could,´ or ´might´ occur.
