Destiny Media Prevails In Litigation
March 15, 2011 at 12:32 PM (PT)
DESTINY MEDIA TECHNOLOGIES has prevailed in its patent litigation with a Canadian competitor. On MAY 5, 2009, YANGAROO had filed a complaint for patent infringement against DESTINY, claiming that DESTINY’s PLAY MPE system infringed on their U.S. patent number 7,529,712, issued the same day.
On JUNE 7, 2010, the Honorable WILLIAM C. GRIESBACH ruled in DESTINY's favor, directing the Clerk to dismiss YANGAROO's claim in its entirety. YANGAROO appealed this decision.
On MARCH 10th, 2011 three circuit judges heard oral arguments in WASHINGTON, D.C. and on MARCH 14th, affirmed the original decision, dismissing the lawsuit in its entirety.
DESTINY CEO STEVE VESTERGAARD said, "While we were always confident in our ultimate success, we are happy to put the expense and the time devoted to this vexatious litigation behind us. We believe this frivolous suit had no foundation but was intended to hinder our leading market position."
The Company also notes that it will be filing a motion for costs.