Royalties
posted on
Mar 02, 2010 09:41PM
Given that EDIG has settled 2 of the 19 CO defendants as royalty bearing, adding the '737 patent in the ammended complaint can only increase the royalties we receive should the remaining defendants purchase licenses (assuming they are also royalty bearing). They are infringing on not one, but two of our patents, so "damages" have to go up, hopefully twofold. Does this sound right to anyone else or am I in left field here?
-------
'774 patent abstract
A record/playback device for use with a removable, interchangeable, flash memory recording medium which enables extended recording comparable with tape cassette dictating equipment. The device includes a housing, a microphone element, control circuitry and a switch mounted on the housing for selecting desired functional operations. A receiving socket is coupled to memory circuitry associated with the control circuitry and is configured for electrical coupling with a flash memory module adapted for receiving and retaining recorded digital information for storage in nonvolatile form.
-------
'737 patent abstract
A solid state digital hand held recording device having a multifunctional switch assembly. A printed circuit board including a microcontroller electrically coupled to switch terminals operates to control the processing of sound into electrical signals and store said signals on a digital recording medium. The switch assembly actuates electrical signals coupled to said microcontroller thereby activating a sequence of actions (a program) stored within read-only memory device. A plurality of programs can be activated to instantaneously begin recording a message, verify the integrity of the recording medium, and index a message being recorded for rapid recall.