SOURCE: Droplets


May 16, 2011 23:03 ET

Droplets Files Patent Infringement Lawsuit Against Online Brokerage Firms

PLANO, TX--(Marketwire - May 16, 2011) - Droplets Inc., a privately held software company founded in 2000 and based in Plano, Texas, announced today that it has filed a complaint against E*Trade, Charles Schwab, Merrill Lynch, OptionsHouse, Scottrade, TD Ameritrade, and Zecco Online Brokers for patent infringement.

Droplets' products have been licensed by Global 1000 enterprises, U.S. armed services, ISVs, and ASPs. The Droplets technology dramatically improves the accessibility and usability of internet applications. Specifically, it enables software developers to create internet or network based applications that have the rich interaction and user experience of native desktop software, combined with the administrative ease, universal accessibility, and high security of server-based Web applications. In addition, Droplets applications significantly reduce the required network bandwidth of typical Web applications, thereby lowering enterprise costs and dramatically improving the responsiveness of applications for dial-up users and mobile wireless users. Droplets applications are cross-platform and can be accessed within Web pages or directly from PC desktops or mobile devices. Droplets has been granted several U.S. and international patents for its pioneering work in the field of rich internet applications.

The complaint, filed on May 13 in the Marshall Division of the United States District Court for the Eastern District of Texas, alleges infringement of U.S. patents 6,687,745 and 7,502,838. Droplets is seeking both damages and injunctive relief.

Droplets is represented in this litigation by McKool Smith LLP and patent counsel Ostrow Kaufman LLP.

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