Since we are, above all, an intellectual property company and own more than 200 patents, being willing to pursue litigation in defense of that property is always going to be one of the realities of doing business. We will continue to take a very aggressive stance with regard to our legal rights. Anything less would be to accept a short-term and merely temporary gain while foregoing long-term value.
We are currently pursuing two lawsuits in defense of our patent rights, one against Canon Inc. of Japan and its U.S. subsidiary, and an unrelated suit against Mr. Till Keesmann, a German citizen. No one enjoys litigation, but an essential aspect of our fiduciary responsibility is the protection of the company's intellectual property. We have engaged an outstanding law firm to pursue these cases, and we feel very confident about the eventual outcome.
- Till Keesmann, Filed on May 15, 2006 in the U.S. District Court, Northern District of Illinois, Eastern Division
- Keesmann Complaint Status – Settled June 18, 2008
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