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Vringo (VRNG) Files Another Patent-Infringement Suit Against ZTE

 December 05, 2012 09:50 AM


(By Balachander) Vringo Inc. (NYSEAMEX: VRNG) said it has filed an additional patent-infringement lawsuit against the UK subsidiary of ZTE Corp.

The software developer for cellphones is seeking a declaration that its patents have been infringed by ZTE's activities.

Vringo alleges infringement over base stations, base station controllers and mobile switching centers.

"This second UK case....is part of Vringo's licensing and enforcement program," said David Cohen, Head of Litigation, Licensing and Intellectual Property at Vringo.

Vringo said the suit involves three additional patents relevant to infrastructure. Also, one of the patents covers a technology that may also be used in certain handsets.

[Related -U.S. Veto On Apple (AAPl) Ban Can Hurt Patent Holding Companies]

"The three patents in suit are just part of our telecom portfolio, and further enforcement actions may follow in due course. ZTE has no license under the patents in our portfolio," Vringo said.

The lawsuit, filed in the UK High Court of Justice, Chancery Division, Patents Court, alleges infringement of European Patents (UK) 1,186,119; 1,330,933; and 1,221,212.

ZTE claims it is "a leading global provider of telecommunications equipment and network solutions," with recently reported annual revenue of US$13.7 billion, according to filings with the Hong Kong Stock Exchange. According to ZTE's public filings, the company generates its revenue primarily from the sale of telecommunications equipment and handsets.

[Related -Is Vringo, Inc. (VRNG) About To Make An Insider A Three Time Winner?]

Last month, Vringo won its patent-infringement suit against Google (NASDAQ: GOOG) and it was awarded $30 million in damages.

Vringo's intellectual property portfolio consists of eleven patents, eight of which were acquired from Lycos Inc., as well as over twenty patent applications.

The stock, which has been trading in the 52-week range of $0.68 to $5.73, retreated 1.19 percent to trade at $3.33 on Wednesday.

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