Lexmark, Konica Minolta, Ricoh & Xerox Accused of Patent Infringement

[Anonymous]

Lexmark, Konica Minolta, Ricoh and Xerox Accused of Patent Infringement

ALEXANDRIA, VA–(Marketwired – Feb 27, 2014) – Marathon Patent Group, Inc. (OTCQB: MARA) ("Marathon"), a patent licensing company, announced today that its subsidiary, CyberFone Systems, LLC ("CyberFone"), has filed four patent infringement lawsuits in the United States Eastern District Court of Texas against Lexmark, Konica Minolta, Ricoh and Xerox.

CyberFone is asserting infringements relating to U.S. Patent 6,044,382. The complaints allege that Defendants have infringed, and continue to infringe, the claims of the patents in suit by using the accused systems and methods covered by the claims of the asserted patent.

The patent portfolio covers a system where transaction entry devices, such as copiers and printers in the four current cases, utilize a simple form based operating system to communicate between the device and a remote server or computer. This component eliminates the need for an expensive and complex point of entry system.

Dr. Rocco Martino, inventor and President of CyberFone Systems, is today responsible for 42 patented inventions, many in the data processing and computer transaction fields. On behalf of Dr. Martino, Marathon's CyberFone Systems has executed over 40 settlement and license agreements protecting his patented inventions.

"Dr. Martino is incredibly valuable to all inventors and innovators," said Mr. Croxall. "It is important to recognize him, especially in light of the anti-patent troll rhetoric coming from the Executive and Legislative branches of our government."

Mishcon de Reya New York LLP has been retained as litigation counsel for CyberFone. The firm will collaborate with Dr. Martino to plan the next phase of enforcement for the portfolio.

"Dr. Martino's patents are strong and show remarkable foresight," said Mark Raskin, head of the patent litigation group at Mishcon de Reya New York LLP. "We are determined to help CyberFone take the appropriate steps in righting what has been wronged."

The present cases begin a new phase in defending Martino's inventions from unauthorized use. Cases have been filed against dozens of defendants, and nearly all have been settled based on the strength of the patents. The ongoing trend in cases of this nature represents a broad market adoption of technology.

About Marathon Patent Group:

Based in Alexandria, VA, Marathon Patent Group is a patent acquisition and licensing company. We acquire patents from a wide range of patent holders from individual inventors to Fortune 500 companies. Our strategy of acquiring patents that cover a wide-range of subject matter allows us to achieve diversity within our patent asset portfolio. We generate revenue with our diversified portfolio through actively managed concurrent licensing campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit http://www.marathonpg.com/.

Lexmark, Konica Minolta, Ricoh and Xerox Accused of Patent Infringement

ALEXANDRIA, VA–(Marketwired – Feb 27, 2014) – Marathon Patent Group, Inc. (OTCQB: MARA) ("Marathon"), a patent licensing company, announced today that its subsidiary, CyberFone Systems, LLC ("CyberFone"), has filed four patent infringement lawsuits in the United States Eastern District Court of Texas against Lexmark, Konica Minolta, Ricoh and Xerox.

CyberFone is asserting infringements relating to U.S. Patent 6,044,382. The complaints allege that Defendants have infringed, and continue to infringe, the claims of the patents in suit by using the accused systems and methods covered by the claims of the asserted patent.

The patent portfolio covers a system where transaction entry devices, such as copiers and printers in the four current cases, utilize a simple form based operating system to communicate between the device and a remote server or computer. This component eliminates the need for an expensive and complex point of entry system.

Dr. Rocco Martino, inventor and President of CyberFone Systems, is today responsible for 42 patented inventions, many in the data processing and computer transaction fields. On behalf of Dr. Martino, Marathon's CyberFone Systems has executed over 40 settlement and license agreements protecting his patented inventions.

"Dr. Martino is incredibly valuable to all inventors and innovators," said Mr. Croxall. "It is important to recognize him, especially in light of the anti-patent troll rhetoric coming from the Executive and Legislative branches of our government."

Mishcon de Reya New York LLP has been retained as litigation counsel for CyberFone. The firm will collaborate with Dr. Martino to plan the next phase of enforcement for the portfolio.

"Dr. Martino's patents are strong and show remarkable foresight," said Mark Raskin, head of the patent litigation group at Mishcon de Reya New York LLP. "We are determined to help CyberFone take the appropriate steps in righting what has been wronged."

The present cases begin a new phase in defending Martino's inventions from unauthorized use. Cases have been filed against dozens of defendants, and nearly all have been settled based on the strength of the patents. The ongoing trend in cases of this nature represents a broad market adoption of technology.

About Marathon Patent Group:

Based in Alexandria, VA, Marathon Patent Group is a patent acquisition and licensing company. We acquire patents from a wide range of patent holders from individual inventors to Fortune 500 companies. Our strategy of acquiring patents that cover a wide-range of subject matter allows us to achieve diversity within our patent asset portfolio. We generate revenue with our diversified portfolio through actively managed concurrent licensing campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit http://www.marathonpg.com/.

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March 6, 2014 at 11:36 AM