BOSTON, MA--(Marketwired - Mar 14, 2014) - Judge Denise Casper issued a ruling March 13, 2014 on the Motion for Summary Judgment (MSJ) hearing that allows World's Inc. (OTCBB: WDDD) to proceed with its patent infringement suit against Activision Blizzard, Inc., Blizzard Entertainment, Inc. and Activision Publishing, Inc.'s (Activision). The MSJ hearing held October 17, 2013 addressed Activision's dispute of Worlds Inc.'s November 1995 patent priority date. The court did not dismiss the case as requested by Activision. In fact, the ruling stated, "The Court declines to enter judgment in Defendants' (Activision) favor at this time." Moreover, the court upheld the validity of the patents by ruling; "Indeed, nothing about the Court's order prevents Worlds from asserting infringement from the date of the certificate going forward."
Judge Casper's ruling prevents Worlds Inc. from pursuing damages for the period prior to the U.S. Patent and Trademark Office's (USPTO) issuance of Certificates of Correction on September 24, 2013 that amended Worlds' 6,219,045 and 7,181,790 patents to include comprehensive priority information, which specifically references Worlds' November 1995 provisional patent application and confirms World's 1995 priority date.
"Activision released the multi-player game Call of Duty®: Ghosts after the USPTO issued Certificates of Correction and the game has generated over $1.6 billion in revenue to date, more than $1 billion in the first day of sales alone," stated Thom Kidrin, CEO of Worlds Inc.
The recent Federal Court ruling upholds Worlds' patents as of the date of the Certificates of Correction through the life of the patents at issue. Susman Godfrey, World's legal counsel, is aggressively moving toward securing a Markman date and an eventual trial date.
Kidrin added, "We believe in the validity of Worlds' intellectual property portfolio and, now that we have received an MSJ court ruling, we will continue work with Susman Godfrey to pursue the litigation against Activision per the court's allowance."
In March 2012, Worlds sued Activision in federal court for infringing patents that are based on Worlds' November 1995 provisional patent application.
More information on the lawsuit and Worlds' patents can be found on the Worlds Inc. website at http://www.worlds.com.
About Worlds Inc.:
Worlds Inc. (OTCBB: WDDD) developed software and related technology for the creation of interactive three-dimensional (3D) Internet environments encompassing massively multiplayer online role-playing games (MMORPG). The company's technologies are designed for large-scale communities of simultaneous online users, who interact within online interactive 3D virtual worlds. Worlds intends to monetize its patent portfolio through enforcement, licensing and royalties of its patented technologies. For more information, visit www.worlds.com.
Forward Looking Statements
This release contains certain forward-looking statements and information relating to Worlds Inc. that are based on the beliefs of Worlds' management, as well as assumptions made based upon information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company's services and products, changes in the economic environment and changes in technology. Additional risk factors are included in the Company's public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as "hoped," "anticipated," "believed," "estimated," "should," "preparing," "expected," "intends" or words of a similar nature. The Company does not intend to update these forward-looking statements.
Disclaimer with respect to website:
You are advised that the contents of the Company's website are not incorporated by reference into this press release.