Company Files Lawsuit in U.S. District Court in New York’s 7th District Seeking Injunctive Relief and as Yet Unspecified Damages
Modavox, Inc. (MDVX.OB), an Internet broadcasting pioneer in the production and syndication of online audio and video, announced today that it has filed a lawsuit against Tacoda, Inc. in the United States District Court for the Southern District of New York (Case No. 07 CV 7088). In the suit, Modavox asserts its claim that Tacoda is infringing on United States Patent No. 6,594,691, “Method and System for Adding Function to a Web Page,” and may soon issue claims from at least one additional patent. Modavox is seeking injunctive relief and as yet unspecified damages stemming from Tacoda’s infringing activities.
This suit against Tacoda is the first step in a potentially wide-reaching campaign designed to enforce Modavox’s proprietary rights to its groundbreaking technology and to advance Modavox to its rightful place in the industry. Modavox intends to utilize its increasing business resources to further expand its ongoing analyses of activity within the industry, including identifying additional potential infringers of its expanding patented intellectual property portfolio.
“Modavox’s commitment to innovation has yielded highly valuable patented intellectual property. Our management team, in conjunction with Fox Rothschild LLP, made a strategic business decision to design, create and execute a comprehensive plan in support of our patented process and technologies,” said David Ide, CEO at Modavox. “We knew that decision would likely include pursuing enforcement through the legal system, and we are confident that the action we have taken today is an appropriate step on behalf of our shareholders and believe it will allow us to begin to reveal the true value of our patented intellectual property.”
Nathaniel T. Bradley, Chief Technology & Product Officer at Modavox, stated, “Upon review of data produced from our thorough infringement analysis, it’s clear to us that Tacoda is infringing on the Modavox patents. Our leading edge technical innovations in customized content delivery have been used by Tacoda, as well as by a growing list of identified infringers, and is foundational to their product lines. The action today by Modavox is paramount to our overall patent enforcement strategy and is the culmination of years of effort; it is a long-awaited milestone for our company.”
Dr. Daniel F. Coughlin of Fox Rothschild, who is acting as Modavox’s lead counsel in the case, stated, “We are confident in both the validity of Modavox’s patent assets and the importance of their proprietary technology in this sector of online commerce. This suit clearly should demonstrate both of these points and, at the same time, serve notice on the industry that Modavox intends to take all steps necessary to leverage fully its technology and its intellectual property to further its business goals.”
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