Dovel & Luner says Los Angeles jury finds Sprint Nextel liable for infringing two patents of Enovsys

Posted on Monday, May 19, 2008 10:53 PM
(RTTNews) - Monday, Dovel & Luner LLP announced that a Los Angeles jury has found Sprint Nextel (S), a provider of a range of wireless and wireline communications services, liable for infringing two patents owned by privately held Enovsys LLC. The jury returned its verdict late Friday, May 16 and awarded Enovsys past damages of $2.78 million. The patents relate to a privacy system used to protect and manage the disclosure of the precise location of a user's cell phone, for example the phone's GPS position. The California-based intellectual property holding company Enovsys had alleged that the Overland Park, Kansas headquartered Sprint Nextel's wireless networks use the patents in managing location-based services. Testimony at trial showed that the nation's third largest wireless carrier Sprint Nextel is the market leader in the growing field of location services and saw a 50% increase in related revenues in 2007 over the prior year. Dovel & Luner said inventors Mundi Fomukong and Denzil Chesney applied for the first of the patents in 1997, several years before location services were first offered for cell phones. S rose $0.10 or 1.09% and closed Monday's regular trading session at $9.27. After hours, S advanced further $0.04 or 0.43% and traded at $9.31. For comments and feedback: contact editorial@rttnews.com
Stocks To Watch Today: GEGFIMSMINYXZIONSLWHNZCSIQTOTLO (Click Symbol For Latest News)

Enter your email address below and Click on the [Sign Up] button to receive our exclusive daily Morning Market Update plus a FREE password for access to the news, insight and intelligence that can make a difference in the way you invest.

eMail Address: 

Market Intelligence Center
Add to del.icio.usdel.icio.us  Add to My Yahoo!  RSS Feed  Add to Google  Add to My AOL  stock market news
Portions of this content may be copywritten by Fresh Brewed Media, Wall Street Secrets Plus, Investors Observer, VHS, LLC., and RealTimeTraders.com. SmartReadMX and related technologies are covered by US Patent Office # 60/631,747.