TULSA, OK -- (Marketwire) -- 04/26/11 -- MacroSolve, Inc. (OTCQB: MCVE) (PINKSHEETS: MCVE), a leading provider of mobile technologies, apps, and solutions has filed suit against the following six companies on April 18, 2011 for infringement of its U.S. Patent No. 7,822,816:
Canvas Solutions, Inc.
GeoAge, Inc.
Kony Solutions, Inc.
Widget Press, Inc.
Pogo Corporation
SWD Interactive, LLC
On March 15, 2011, the company announced filing suits against four companies: Blue Shoe Mobile Solutions, LLC; Brazos Technology Corporation; On The Spot Systems, Inc.; and Formstack, LLC. MacroSolve and its attorneys have now expanded their enforcement actions to include an additional six companies.
"We have identified a growing list of firms that appear to be infringing upon our patent. We intend to vigorously defend our intellectual property," stated MacroSolve Chairman, Jim McGill.
MacroSolve is represented by two law firms that specialize in patent litigation and enforcement, Houston-based Antonelli, Harrington & Thompson, and Longview, Texas-based Spangler Law. Both firms are retained solely on a contingency basis and thus will be compensated only based upon proceeds from settlement and licensing activities. The law firms have led IP monetization efforts which involved some of the largest technology companies in the world.
On October 26, 2010, the United States Patent and Trademark Office issued U.S. Patent No. 7,822,816 to MacroSolve. The patent, a significant intellectual property (IP) asset to MacroSolve, further advances its position as a leader in the mobile solutions market. The patent addresses mobile information collection systems across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of carrier and manufacturer, and is currently utilized in MacroSolve's ReForm XT™ rapid mobile app development platform. MacroSolve's patent covers fundamental technology in the mobile application space utilized by multiple companies.
About MacroSolve
MacroSolve, Inc. is a pioneer in delivering mobile apps, technologies, and solutions to businesses and government. Founded in 1997, the company has an extensive network including the top name brands in wireless hardware and software as well as wireless carriers. Leveraging its intellectual property portfolio, MacroSolve is positioned to become a leader in the mobile app space, projected to become a $17.5 billion market by 2012. The company operates through its subsidiaries including Anyware Mobile Solutions (http://www.goanyware.com) and Illume Mobile (http://www.illumemobile.com). For more information, visit MacroSolve (http://www.macrosolve.com) or call 800-401-8740.
Safe Harbor Statement
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, monetization of our intellectual property, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
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