WASHINGTON, DC — (Marketwired) — 03/16/15 — announced today that the U.S. Court of Appeals for the Federal Circuit has issued a Rule 36 affirmance of three inter partes reviews (IPRs) that were filed against three University of Illinois patents on behalf of Micron Technology, Inc. In March 2014, the Patent Trial and Appeal Board (PTAB) held each claim of the University of Illinois– semiconductor patents unpatentable, and as a result ordered each claim cancelled. The PTAB also found in Micr
ANDOVER, MA — (Marketwired) — 03/16/15 — In a unanimous decision, the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., on March 13, 2015, issued a ruling invalidating key claims of a power converter patent asserted by SynQor Inc. against Vicor Corporation (NASDAQ: VICR) and Cisco Systems, Inc. in litigation currently pending in the United States District Court for the Eastern District of Texas. Reversing a decision of the United States Patent and Trademark Office (USPTO), t
NEWARK, NY — (Marketwired) — 03/16/15 — IEC Electronics Corp. (NYSE MKT: IEC) today announced that the Company–s recently elected Board of Directors has terminated its Tax Benefit Preservation Plan ("the Plan"). IEC–s previous Board adopted the Plan in July 2014.Jeffrey T. Schlarbaum, CEO of IEC Electronics Corp., stated, "As we look to establish best practices from a corporate governance standpoint, the new Board determined that it is in the best interest of IEC–s sharehol
OTTAWA, ON — (Marketwired) — 03/16/15 — Sidense Corp., a leading developer of non-volatile memory OTP IP cores, today announced that U.S. District Judge Susan Illston has ordered Kilopass Technology to pay Sidense $5.5 million for its "objectively baseless" patent infringement lawsuit initiated against Sidense in May of 2010. The fee recovery represents attorneys– fees and associated costs.Kilopass sued Sidense for patent infringement in May 2010. Sidense won this lawsuit in 2012,
QUEBEC CITY, QUEBEC — (Marketwired) — 03/11/15 — Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE: NCO), is pleased to announce the launch of its SmartScan surveillance and monitoring service.The recent developments made to its technical platform allow Nuvolt to further provide its skilful expertise in management and monitoring of equipment and electrical networks.This new direction represents an important evolution in Nuvolt–s business plan. Offering its expertise by way of "
Q3 Lumenpulse Product Revenues Increase by 81% and Adjusted Net Income Reaches $1.8 million – Revenues of $25.5 million for Q3 2015; up 49% over last year, including an 81% increase in Lumenpulse Product revenues – Solid Q3 Adjusted Gross Margin on Lumenpulse Products of 45.2% compared to 43.7% in Q3 Fiscal 2014 – Q3 Adjusted EBITDA of $1.3 million compared to $0.9 million in Q3 Fiscal 2014 – Q3 Adjusted Net Income of $1.8 million compared to an Adjusted Net Loss of $0.4 million in Q3 Fiscal 201
TORONTO, ONTARIO — (Marketwired) — 03/11/15 — CRS Electronics Inc. ("CRS" or the "Company"), (TSX VENTURE: LED), a developer and manufacturer of LED lighting products, is pleased to announce the successful retrofitting of a major New York City office building.The client originally specified linear fixtures using hazardous T8 fluorescent bulbs, which contain mercury and require special disposal at end of life. "The customer made a last minute change to KVIC Lighting-
