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fantasyman · 07-03-2003, 01:32 PM

CECash settled with Acacia for good reasons. If the patent is not invalidated, the volume that CE has done in the past would be open to 'patent infringement'. This could mean up to 5% for the past 6 years, this would be a tremendous financial burden, so CECash signed a licensing agreement.

This doesn't mean we don't want to invalidate the patent, it was a business decision.

We will still stand financially behind those who are fighting the patent, which is lot more than we can say for most of the industry that has not been served with a lawsuit.

Like a post by Far-L says above, those who think they're hiding from Acacia should think again. If they are not successful in invalidating these patents, everyone will have to pay for 'patent infringement' going back 6 years and run the chance they may not license you going forward, this is why CECash signed a license, it was business decision.

Acacia holds these patents in 26 countries. So if you think you're not going to be impacted by this, think again. Either way, you should either sign a license or support those litigating the patent or do both. To stand on the sidelines, watching, doing nothing could land you in a world of financial hurt!!

This is all that will be said by CECash on this matter.

07-03-2003, 01:32 PM
fantasyman Let's do some business together Join Date: Dec 2001 Posts: 973	CECash settled with Acacia for good reasons. If the patent is not invalidated, the volume that CE has done in the past would be open to 'patent infringement'. This could mean up to 5% for the past 6 years, this would be a tremendous financial burden, so CECash signed a licensing agreement. This doesn't mean we don't want to invalidate the patent, it was a business decision. We will still stand financially behind those who are fighting the patent, which is lot more than we can say for most of the industry that has not been served with a lawsuit. Like a post by Far-L says above, those who think they're hiding from Acacia should think again. If they are not successful in invalidating these patents, everyone will have to pay for 'patent infringement' going back 6 years and run the chance they may not license you going forward, this is why CECash signed a license, it was business decision. Acacia holds these patents in 26 countries. So if you think you're not going to be impacted by this, think again. Either way, you should either sign a license or support those litigating the patent or do both. To stand on the sidelines, watching, doing nothing could land you in a world of financial hurt!! This is all that will be said by CECash on this matter.