Move, Inc. Prevails on Summary Judgment in Keithley Patent Case
21 Novembro 2008 - 11:00AM
Business Wire
Move, Inc. (NASDAQ:MOVE) today announced that the district court
judge, in a patent case pending in the U. S. District Court for the
Northern California District, titled Keithley et al. v. The
HomeStore.com, Inc. et al. (3:03-cv-4447), granted the company�s
motion for summary judgment in favor of Move, Inc., and its
co-defendants the National Association of Realtors� and the
National Association of Home Builders. In the order, the district
court judge found that all of the claims of U.S. Patent 5,684,025
asserted against the defendants by plaintiffs Kevin Keithley and
TREN Technologies Holdings were either invalid or not infringed.
The judge�s order and granting of this motion for summary judgment
is subject to appeal and thus the case has not been finally
concluded. The company has vigorously defended its position that
this patent was invalid and is pleased with the decision by the
court. While Keithley has the right to appeal the decision, the
company is encouraged by the court�s conclusion and will continue
to defend against any appeal. ABOUT MOVE, INC. Move, Inc.
(NASDAQ:MOVE) is the leader in online real estate with 8.8
million[1] monthly visitors to its online network of websites.
Move, Inc. operates: Move.com�, a leading destination for
information on new homes and rental listings, moving, home and
garden and home finance; REALTOR.com�, the official Web site of the
National Association of REALTORS�; Welcome Wagon�; Moving.com;
SeniorHousingNet�; and TOP PRODUCER� Systems. Move, Inc. is based
in Westlake Village, California. For more information:
www.move.com. [1] comScore Media Metrix, October 2008 This press
release may contain forward-looking statements, including
information about management�s view of Move�s future expectations,
plans and prospects, within the safe harbor provisions under The
Private Securities Litigation Reform Act of 1995. These statements
involve known and unknown risks, uncertainties and other factors
which may cause the results of Move, its subsidiaries, divisions
and concepts to be materially different than those expressed or
implied in such statements. These risk factors and others are
included from time to time in documents Move files with the
Securities and Exchange Commission, including but not limited to,
its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or
unpredictable factors also could have material adverse effects on
Move�s future results. The forward-looking statements included in
this press release are made only as of the date hereof. Move cannot
guarantee future results, levels of activity, performance or
achievements. Accordingly, you should not place undue reliance on
these forward-looking statements. Finally, Move expressly disclaims
any intent or obligation to update any forward-looking statements
to reflect subsequent events or circumstances.
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