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Graphics Properties Holdings, Inc. Announces June 4, 2010 Federal Circuit Court of Appeals Ruling in its Litigation with Advanced Micro Devices
Jun 08, 2010 (06:06 PM EDT)
NEW ROCHELLE, N.Y., June 8 /PRNewswire/ -- Graphics Properties Holdings, Inc. ("GPHI") announced today a significant favorable ruling in its litigation with ATI Technologies and Advanced Micro Devices (NYSE: AMD). On Friday, June 4, 2010 the Court of Appeals for the Federal Circuit rejected AMD's license defense and reversed the previous claim construction ruling regarding several key claim terms in GPHI's U.S. Patent No. 6,650,327 (the '327 patent). As a result, GPHI said that its patent infringement claims against AMD's Radeon™ product line have been remanded back to the Western District of Wisconsin to address the issue of infringement, and the amount of damages to which GPHI may be entitled.
GPHI said that the Appeals Court decision was noteworthy for its recognition of GPHI's technical contribution to computer graphics processing. Specifically, the Federal Circuit upheld the jury verdict on the validity of GPHI's '327 patent and furthermore found that AMD had lost its right to challenge patent validity in future proceedings. Previously at trial, AMD lost on its claim that the '327 patent was unenforceable.
"We are pleased with the Federal Circuit's ruling acknowledging the validity of our patented graphics technology, and the reversal of the district court's claim construction," said Bradley Scher, President of GPHI. "Our graphics technology is critically important for a vast array of products including, among other things, video game consoles, computers and cell phones."
Graphics Properties Holdings, Inc., an asset management company owning over 300 patents used for graphics, computer and display segments, is in the business of managing its patent portfolio and realizing value for its owners through licensing and other means. GPHI is owned by private investment funds and other institutional investors following the bankruptcy of its predecessor, Silicon Graphics.
Bradley Scher, President
Graphics Properties Holdings, Inc., (914) 235-1075
James M. Bollinger, Esq.
Troutman Sanders LLP (212) 704-6113
SOURCE Graphics Properties Holdings, Inc.