page contents

«

»

Print this Post

Blue Calypso (BCYP): Enforcing Its Social Media Patent Portfolio

[ACCESSWIRE]

A part of many technology companies’ value is their intellectual property. Blue Calypso’s patent portfolio contains two issued patents and three pending applications that should issue in 2013. Notably, the first of these patents was filed in December of 2004, before Facebook, Twitter, Pinterest, Groupon, LivingSocial and others became popular, and mobile texting became a regular occurrence. 

Enforcing a Valuable Patent Portfolio

Meanwhile, the company’s three pending applications encompass geo-location enabled coupon redemption and sharing rich media content. These patents combine to create a powerful patent portfolio. With many social media companies utilizing these methods and systems in their daily operations, there is a clear opportunity for patent enforcement. 

On July 31, 2012, the company filed its first patent infringement complaint against Groupon Inc. (NASDAQ: GRPN) for infringing on its patents 7,664,516 and 8,155,679. Similar patent infringement complaints were filed on August 24, 2012, October 17, 2012, and November 6, 2012against Living Social, Inc., Yelp Inc (NYSE: YELP), IZEA Inc. (OTCQB: IZEA), MyLikes and Foursquare, respectively, setting the stage for potentially significant licensing revenues down the road.

Importance of the Upcoming Markman Hearing

On March 27, 2013, Blue Calypso announced that its patent infringement lawsuit filed on August 24, 2012 against LivingSocial has resulted in a Claim Construction Hearing – or “Markman” hearing – scheduled for August 27, 2013. [1] These hearings can be an important part of a patent case and are designed to determine the scope of the claims in the asserted patents, in other words, the metes and bounds of the claims that will be presented to the jury. 

Unique Investment Opportunity

Learn more and sign up to follow BCYP here: http://www.emerginggrowthcorp.com/emailassets/bcyp/bcyp_landing.php

EGC is a marketing and consulting firm that specializes in creating ongoing communications strategies for public and private companies.

Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://secfilings.com/Disclaimer.aspx

(379)

About the author

Mystic Maggie

All of the Mystic Maggie Posts are RSS Reader Feeds from around the web. All copyright remains with the original publisher. No copyright is claimed or intended. Where supplied, links back to the original article are included.

Permanent link to this article: http://yelp-sucks.com/blue-calypso-bcyp-enforcing-its-social-media-patent-portfolio-2.html


Powered by WordPress Lab
Powered by Yahoo! Answers