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Amphion Innovations says it can move forward after favourable appeal ruling

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Amphion Innovations (LON:AMP) says it received a favourable ruling in the US appeals court in cases involving computer giants SAP and Microsoft, which paves the way for its DataTern business to advance.

Amphion’s wholly owned intellectual property subsidiary DataTern's goal has been to conclude fair and equitable licence agreements with parties who wish to use its patented technology.

This technology was originally developed by Amphion and FireStar - one of its seven partner companies - and the two patents at the heart of the cases are the ‘402 and the ‘502 patents.

Amphion aims to create shareholder value by commercialising the intellectual property (IP) from its seven partner companies, hence the significance of such proceedings.

Last year, what is called a 'Markman' ruling in the SAP and Microsoft cases - where a judge defines key words used in a claim when patent infringement is alleged - broadly went against DataTern’s interpretation of the claims, prompting the company to launch this appeal.

Amphion's chief executive Richard Morgan described the appeal court's ruling as a "good" result for the company.

"This ruling will allow us to continue to try to reach equitable licensing agreements with the many companies that are infringing these patents,” he explained.

“Our goal remains to generate a fair and reasonable return on the very substantial investment we have made over many years in the development of these innovative technologies.”

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Price: 0.15 GBX

AIM:AMP
Market: AIM
Market Cap: £314.96 k
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