SOURCE: Marathon Patent Group

August 07, 2015 08:30 ET

Marathon Patent Group, Inc.'s Subsidiary, Selene Communication Technologies, LLC Receives Markman Ruling

All Disputed Claim Terms Unanimously Favorably Construed

LOS ANGELES, CA--(Marketwired - Aug 7, 2015) - Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that on August 6, 2015, the United States District Court for the District of Delaware issued the claim construction order in the litigation involving its wholly-owned subsidiary Selene Communication Technologies, LLC ("Selene") in its case against Fluke Electronics Corporation.

In his opinion, Chief Judge Leonard P. Stark, addressed three disputed claim terms for U.S. Patent No. 7,143,444 ("the '444 patent"). The parties had previously agreed upon the construction of four other terms. For the three disputed claim terms, the court issued a favorable claim construction adopting the constructions (or minor variations thereof) proposed by Selene.

Doug Croxall, Chief Executive Officer of Marathon, stated, "The Markman order is very encouraging, especially considering that all disputed terms were construed in our favor. It's rulings like this that generally have the potential to motivate possible resolution in the form of a reasonable licensing agreement. Absent such, we will confidently continue to work towards trial."

Selene had previously asserted infringement related to U.S. Patent 7,143,444, entitled "Application-Layer Anomaly and Misuse Detection," a patent which issued on November 28, 2006. The patent relates generally to computer network intrusion detection.

Mishcon de Reya is representing Selene in these actions. The complete Markman Order may be found at the company's website.

About Marathon Patent Group

Marathon is a patent acquisition and monetization company. The Company acquires patents from a wide-range of patent holders from individual inventors to Fortune 500 companies. Marathon's strategy of acquiring patents that cover a wide-range of subject matter allows the Company to achieve diversity within its patent asset portfolio. Marathon generates revenue with its diversified portfolio through actively managed concurrent patent rights enforcement campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit www.marathonpg.com.

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