SOURCE: CopyTele, Inc.

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August 08, 2013 07:40 ET

CopyTele Files Patent Infringement Lawsuits in Connection With Windows Patent

MELVILLE, NY--(Marketwired - August 08, 2013) -  CopyTele, Inc. ("CTI") (OTCQB: COPY), a company specializing in patent monetization and patent assertion, today announced that its wholly owned subsidiary, J-Channel Industries Corporation, filed 8 patent infringement lawsuits in the Federal District Court for the Eastern District of Tennessee, in connection with its patented J-Channel Window Frame Construction technology. Defendants in the lawsuits consist of retailers, window manufacturers, and home builders, including Lowe's Companies, Inc., Clayton Homes, Inc., Pella Corporation, Jeld-Wen, Inc., Atrium Windows and Doors, Inc., Ply Gem Industries, Inc., RGF Industries, Inc., Tafco Corporation, Kinro Manufacturing, Inc., and Elixir Industries, Inc. 

Robert Berman, CTI's President and CEO stated, "Our inventor is a former window manufacturer that was forced out of the business by a consortium of larger, more powerful competitors, who misappropriated his J-Channel technology. After licensing the technology to a few manufacturers, the original J-Channel patent was invalidated in patent litigation over ten years ago due to discrepancies in the claim language. Following that litigation, the inventor fortified the claim language to eliminate the discrepancies, and the patent office re-issued the patent. As a result, we now have a much stronger patent, an established royalty rate based upon the previous licenses, and widespread infringement for J-Channel technology which has become an industry standard." 

J-Channel functionality allows for easier and faster installation of windows commonly used in modular, manufactured, and conventional homes. Estimates indicate that approximately 40 million windows are sold in the U.S. each year.

Since announcing its new business model in October of 2012, CopyTele now has 12 active lawsuits across 4 patented technology areas including E-Paper Electrophoretic Displays, Nano Field Emission Displays, Key Based Encryption, and Window Frame Construction.

About CopyTele, Inc.

CopyTele develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company currently has 6 patent portfolios in the areas of Key Based Encryption, E-Paper® Electrophoretic Display, Nano Field Emission Display ("NFED"), Micro Electro Mechanical Systems Display ("MEMS"), Loyalty Point Conversion Systems, and Window Frame Construction. Additional information is available at

Forward-Looking Statements: Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect CopyTele's current expectations concerning future events and results. We generally use the words "believes," "expects," "intends," "plans," "anticipates," "likely," "will" and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning our expectations, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and factors include, but are not limited to, those factors set forth in "Item 1A - "Risk Factors and other sections of our Annual Report on Form 10-K for the fiscal year ended October 31, 2012 as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this press release.

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