Computer Motion Updates Status of Patent Litigation; Recent Developments in the Patent Related Cases.Business Editors & Health/Medical/Legal Writers SANTA BARBARA, Calif.--(BUSINESS WIRE)--Dec. 11, 2002 Computer Motion, Inc. (Nasdaq:RBOT RBOT Rotating Bomb Oxidation Test ), the world's leading developer of surgical robotic systems serving over 900 customers and 3,000 surgeons in 32 countries, today announced that the U.S. District Court in Delaware has entered an opinion finding against Computer Motion's prosecution laches A defense to an equitable action, that bars recovery by the plaintiff because of the plaintiff's undue delay in seeking relief. Laches is a defense to a proceeding in which a plaintiff seeks equitable relief. defense. The judge has entered a final judgment in this case and the $4.4 million jury verdict is subject to judicial review. Computer Motion is exploring all options, including requesting a new trial and reduction of the jury's damage award. In California, Computer Motion is suing Intuitive Surgical for infringement of nine U.S. patents. A tenth patent was recently dropped from the suit, as a result of a summary judgment motion. Both Computer Motion and Intuitive Surgical are conducting discovery and trial is currently scheduled to begin in April 2003. Bob Duggan, Chairman 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 Computer Motion, commented that, "While we are disappointed with both the jury verdict and the judge's opinion regarding our `prosecution laches' defense, we respect the judicial process and are cognizant of the numerous options available to us should we desire to challenge this current outcome." Mr. Duggan continued, "Unlike the Delaware case, where we were the defendant in a dispute over a single patent, in our California case scheduled for trial in April 2003, Computer Motion is the plaintiff and Intuitive Surgical is the defendant in a dispute involving nine patents and over 40 patent claims. The tables have turned." Computer Motion's products include: the ZEUS(R) Surgical System and accessories for minimally invasive surgery minimally invasive surgery Laparoscopic surgery, see there. See Laparoscopic cholecystectomy. , the HERMES(R) Control Center, a centralized system that enables the surgeon to voice control a network of "smart" medical devices, and the AESOP Aesop (ē`səp, ē`sŏp), legendary Greek fabulist. According to Herodotus, he was a slave who lived in Samos in the 6th cent. B.C. and eventually was freed by his master. (R) Robotic Endoscope endoscope, any instrument used to look inside the body. Usually consisting of a fiber-optic tube attached to a viewing device, endoscopes are used to explore and biopsy such areas as the colon and the bronchi of the lungs. Positioner, which was also the first surgical robot to be made commercially available in the U.S. The company's newest product, the SOCRATES Socrates (sŏk`rətēz), 469–399 B.C., Greek philosopher of Athens. Famous for his view of philosophy as a pursuit proper and necessary to all intelligent men, he is one of the great examples of a man who lived by his principles even (TM) Telecollaboration System, is the first device in the newly created FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. category of Robotic Telemedicine Devices, and is designed to facilitate surgeon collaboration using video and audio conferencing, shared control of the endoscopic en·do·scope n. An instrument for examining visually the interior of a bodily canal or a hollow organ such as the colon, bladder, or stomach. en camera, and video annotation on the surgical image in the operating room. The company's products are CE-Marked for commercial sale in the European Community. The company's Web site is www.ComputerMotion.com. This press release contains forward-looking statements concerning the company's business and products. Actual results may differ materially depending on a number of risk factors, including the risks of competition and competing technologies, duration or suspension of clinical studies, regulatory clearances and approvals, and physician, hospital and payor acceptance of the company's products. These factors and other risks inherent in the company's business are described from time to time in the company's Securities and Exchange Commission filings, including its Annual Report on Form 10-K. The company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. RBOT-Santa Barbara |
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