Wilmington, Delaware – March 30th, 2015 - TMM, Inc. (TMMI-PK) (“TMMI”) or (the “Company”) is pleased to announce that the Inter Partes Review (“IPR”) Petition that TMMI filed with the USPTO Patent Trial and Appeal Board (“Board”) in May 2014 seeking to invalidate the operative claims of Dimension, Inc.’s Patent Number 8,639,053 has resulted in the Board’s issuance of a final adverse judgment order against Dimension (the patent owner) cancelling each of the 25 operative ‘053 patent claims (1-16, 22-30) of Dimension.
Trial was not instituted by the Board on the 5 dependent claims (17-21) which are unrelated to TMM’s proprietary technology and are considered by TMMI to be so narrow that they do not in any way apply to or limit such proprietary technology. As a result, TMMI contemplates no further action with respect to such inoperative claims at this time even though they are also deemed invalid on their face on the basis of multiple instances of prior art.
TMMI will continue to aggressively protect TMMI’s proprietary intellectual property and related assets as necessary.
ON BEHALF OF THE TMMI BOARD OF DIRECTORS OF TMM, INC.:
GERARD V. CAVANAUGH
CHAIRMAN AND PRESIDENT
The information in this release contains forward-looking statements which involve risks and uncertainties, including statements regarding the Company's capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as "may," "should," "will," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "forecast," "project," or "continue," the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. Any or all of the Company's forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions, risks and uncertainties and other factors which could cause actual events or results to be materially different from those expressed or implied in the forward-looking statements. Factors may cause the Company's actual results to differ materially from any forward-looking statement. In addition, new factors emerge from time to time and it is not possible for the Company to predict all factors that may cause actual results to differ materially from those contained in any forward- looking statements. The Company disclaims any obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this document, except as required by applicable law.
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