M·CAM, Inc. releases Patently Obvious™ on Industrial Technology Research Institute’s U.S. Patent No. 5,714,247

Date:  Wed, 2010-12-29

M·CAM, Inc. releases Patently Obvious™ on Industrial Technology Research Institute’s U.S. Patent No. 5,714,247

CHARLOTTESVILLE, VA – December 29, 2010 –– M·CAM, Inc. released its Patently Obvious™ report today on the patent holdings of the Industrial Technology Research Institute highlighted in Industrial Technology Research Institute et. al. v. LG Corporation et. al. 6:10–cv–00629. LG is no stranger to the courtroom. As one of the most influential consumer electronics companies in the world, LG attracts the attention of companies and individuals looking to get in on a piece of the action. The most recent claim against LG comes from a research group supervised by the Taiwanese Ministry of Economic Affairs. On November 26, 2010, Industrial Technology Research Institute (ITRI) filed four patent infringement complaints against LG. The twenty–two patents in the suits cover technologies relating to air conditioners, Blu–ray disc players, LCDs and mobile phones. The Taiwanese company has some familiarity with the ins and outs of the US patent infringement litigation process as evidenced by the fact that the suits were filed in the Eastern District of Texas, a district notorious for being particularly friendly to patent infringement plaintiffs.

The question stands: are ITRI’s infringement claims against LG valid, or will potential weaknesses in the asserted patents be brought to light which could erode its image as a developer of novel technology? Using the M·CAM DOORS™ software platform, the innovation space surrounding the asserted patents was examined in order to understand their strength and defensibility in the face of prior and concurrent art innovations.

M·CAM’s Patently Obvious™ is a weekly report providing visibility into potentially unconsidered alternatives, including art in the public domain, to patent holdings across a variety of technology areas.

M·CAM, Inc. is a global, full–service intellectual property and rights (IP&R) and intangible asset financial services firm. We provide the technical and financial systems that allow public and private markets to use IP&R and IA for regulated transactions in banking, securities, insurance, and public innovation investment and technology procurement. From our pioneering work in creating the world’s first standards–based innovation collateralization financial products for banking and securities to our work in grassroots innovator enablement and patent quality assurance programs, M·CAM provides the mechanism to balance the interests of public and commercial sectors to support and build thriving economies.

The M·CAM Patently Obvious™ report on Industrial Technology Research Institute v. LG can be found HERE