Braintree,Ma. LevelStock.com is pleased to announce today 5th Feb 2010, to all of its members and investors information on Phoenix Technologies, (Nasdaq: PTEC), The Company released news after market close on Feb 4th as follows:
Phoenix Technologies, (Nasdaq: PTEC), the global leader in core systems software, security solutions and instant-on operating systems, today announced it has filed a patent infringement lawsuit against DeviceVM, Inc.
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In its complaint, filed today in the U.S. District Court, Northern District of California, Phoenix alleges DeviceVM is infringing on Phoenix’s United States Patent No. 6,519,659. The patent, filed in 1999 and issued in 2003, is titled “Method and System for Transferring an Application Program from System Firmware to A Storage Device.” Phoenix’s complaint seeks unspecified damages and a court-ordered injunction against future infringement by DeviceVM.
“Phoenix’s technology covered by the 6,519,659 patent is key to operating a computer prior to the boot of an operating system,” said Woody Hobbs, President and CEO of Phoenix. “Phoenix is vigorously defending its leadership position in bringing this technology to the marketplace and will aggressively enforce and protect its intellectual property.”
A copy of the complaint can be found at: http://www.phoenix.com/
About Phoenix Technologies Ltd.
Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0™ products, services and embedded technologies, pioneers open standards and delivers innovative solutions that enable the PC industry’s top system builders and specifiers to differentiate their systems, reduce time-to-market and increase their revenues. The Company’s flagship products and services — SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, and eSupport.com — are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has over 210 technology patents issued and pending, and has shipped firmware in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide. For more information, visit http://www.phoenix.com.
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