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Zi receives patent infringement lawsuit notice from Nuance Communications

Fri. August 29, 2008; Posted: 09:38 AM
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Aug 29, 2008 (Datamonitor via COMTEX) -- ZICA | Quote | Chart | News | PowerRating -- Zi Corporation, a provider of mobile discovery and advertising solutions, has announced that it received a notice from Nuance Communications, of a patent infringement lawsuit filed against it in the Federal Court in Toronto, Canada.

The claim accuses Zi of infringing on the intellectual property of Tegic Communications, with its Qix and eZiText products. Tegic was recently acquired by Nuance. The patents referenced by Nuance are entitled Reduced Keyboard Disambiguating System.

Milos Djokovic, president and CEO of Zi, said: "This suit, in conjunction with the motion of contempt filed by Nuance on August 19, 2008, against Zi, represents a questionable course of action by Nuance in light of its failed proposal to acquire Zi at a low valuation on August 14, 2008.

"The timing of these motions raises serious questions as to the real motivation of these claims and we remain disappointed that Nuance is resorting to these tactics to acquire Zi without recognizing its full value. We will vigorously defend ourselves in this litigation proceeding and continue to examine all legal remedies available to us with respect to Nuance's tactics."

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For full details on Nuance Communications Inc (NUAN) click here. Nuance Communications Inc (NUAN) has Short Term PowerRatings of 4. Details on Nuance Communications Inc (NUAN) Short Term PowerRatings is available at This Link.

    


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