VirnetX (VHX) Higher After Court Markman Order in Patent Infringement Case
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VirnetX Holding Corp (AMEX: VHC) is moving sharply higher in pre-open trading Thursday announced today that on April 25, 2012, the United States District Court for the Eastern District of Texas, Tyler Division, issued its patent claim construction, or "Markman" Order in the ongoing patent infringement action between VirnetX Inc. and Cisco, Apple, NEC and Aastra.
In a Markman ruling, a district court hearing a patent infringement case interprets and rules on the scope and meaning of disputed patent claim language regarding the patents in suit. A Markman decision is often a significant factor in the progress and outcome of patent infringement litigation.
In the recently issued Markman Order, the Court adopted interpretations that VirnetX believes are favorable to VirnetX on many of the claim terms that were in dispute in the litigation.
In a Markman ruling, a district court hearing a patent infringement case interprets and rules on the scope and meaning of disputed patent claim language regarding the patents in suit. A Markman decision is often a significant factor in the progress and outcome of patent infringement litigation.
In the recently issued Markman Order, the Court adopted interpretations that VirnetX believes are favorable to VirnetX on many of the claim terms that were in dispute in the litigation.
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