Submission + - Weak Patent Infringement Threat Delays IPO (sheeleytech.com)
rukidding writes: "Universal Recovery Systems Inc is claiming SoundBite Communications is infringing on their patents. This comes on the eve of the SoundBite IPO.
From a Forbes article:
If Universal Recovery is so worried about their patent then why are they so quick to sell the 'patents and patent application'? Also, the timing of this, on the eve of the IPO, seems odd as well. Is this more abuse of the US patent system?"
SoundBite said it believes the company's allegations are without merit, but warned that its defense against the claims could result in 'significant expense and diversion of management resources.'
If Universal Recovery is so worried about their patent then why are they so quick to sell the 'patents and patent application'? Also, the timing of this, on the eve of the IPO, seems odd as well. Is this more abuse of the US patent system?"