Bitstream Inc. Receives $463,500 in Attorneys' Fees and Expenses Related to TrueDoc Lawsuit.CAMBRIDGE, Mass. -- Monotype monotype, type set by the Monotype machine. See printing. monotype or monoprint In art printmaking, a technique prized because of its unique textural qualities. Imaging, Inc. and International Typeface Corporation The International Typeface Corporation (ITC) is a type manufacturer founded in New York in 1970 by Aaron Burns, Herb Lubalin, and Edward Rondthaler. The company is one of the world's first foundries to have no history in metal cast types. Pay Bitstream's Legal Fees and Expenses and Drop Appeal Bitstream Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BITS) announced today that it received a payment of approximately $463,500 from Monotype Imaging, Inc. and International Typeface Corporation for attorneys' fees, expenses and costs awarded to Bitstream by the U.S. District Court for the Northern District of Illinois in connection with the TrueDoc lawsuit. Monotype Imaging, Inc. and International Typeface Corporation agreed to pay the full amount of the award and dismiss their appeal if Bitstream agreed not to appeal the Court's award set forth in the Court's May 17, 2006 Order. Bitstream accepted the terms and the case was terminated. On June 24, 2003, Monotype Imaging, Inc. and International Typeface Corporation filed a complaint in the U.S. District Court for the Northern District of Illinois claiming that Bitstream, through its TrueDoc software, infringed trademarks and copyrights and violated the Digital Millennium Copyright Act The Digital Millennium Copyright Act (DMCA) is a United States copyright law which implements two 1996 WIPO treaties. It criminalizes production and dissemination of technology, devices, or services that are used to measures that control access to copyrighted works (commonly . On July 12, 2005, the Court found that Bitstream was not liable under any claims of contributory copyright infringement Noun 1. copyright infringement - a violation of the rights secured by a copyright infringement of copyright plagiarisation, plagiarization, piracy, plagiarism - the act of plagiarizing; taking someone's words or ideas as if they were your own , contributory trademark infringement Trademark infringement is a violation of the exclusive rights attaching to a trademark without the authorization of the trademark owner or any licensees (provided that such authorization was within the scope of the license). , or the Digital Millennium Copyright Act. Previously, on April 21, 2005, the Court held that Bitstream was not liable for direct copyright or trademark infringement or for vicariously infringing Monotype Imaging, Inc.'s and International Typeface Corporation's copyrights. "As a company that respects the intellectual property rights of others, we are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that the Court determined that these claims had no merit, and that Bitstream should recover a substantial amount of our expenses in relation to this baseless lawsuit," said Anna Chagnon, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bitstream Inc. About Bitstream Bitstream Inc. (NASDAQ: BITS) is a software development company that makes communications compelling. Bitstream enables customers worldwide to render high-quality text, browse the Web on wireless devices, select from the largest collection of fonts online, and customize documents over the Internet. Its core competencies include fonts and font technology, browsing technology, and publishing technology. For more information about Bitstream please visit www.bitstream.com. Bitstream and TrueDoc are registered trademarks and the Bitstream logo is a trademark of Bitstream Inc. Other technologies and brand names are used for information only and remain trademarks or registered trademarks of their respective owners. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion