NICE says jury determines company should pay $3.3 Mln. In damages in patent case - Quick Facts

Posted on Sunday, May 18, 2008 3:05 AM
(RTTNews) - Sunday, NICE Systems (NICE) said that in a patent infringement case brought in January 2006 against NICE Systems Inc. and NICE Systems Ltd. by Verint Americas, Inc. - formerly Witness Systems, Inc. - in the Federal District Court in Atlanta, the jury determined that certain features of NICE's analytics products infringe two claims of Witness. The jury also determined that NICE should pay $3.3 million in damages. NICE intends to ask the trial court to overturn the verdict based on legal arguments, and, if necessary, to appeal the decision. NICE believes the jury's decision does not have a material adverse impact on its business. For comments and feedback: contact editorial@rttnews.com
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