IZEA Requests Continuation of Stay or Summary Judgment Proceedings To Terminate the Case
Orlando, Florida (February 2, 2015) – IZEA, Inc. (OTCQB: IZEA), a pioneer of Social Sponsorship, announced today that the Patent Trial and Appeal Board (PTAB) recently invalidated the vast majority of Blue Calypso’s (OTCQB: BCYP) asserted patent claims through the Covered Business Method Review Process. As to the few remaining patent claims, IZEA believes that the PTAB’s findings make it likely that those too are invalid. IZEA, together with co-defendants Groupon (Nasdaq:GRPN), Yelp (NYSE:YELP), and Foursquare have requested that the court continue to stay Blue Calypso’s patent infringement case, or alternatively set the case up for Summary Judgment Proceedings such that the case may come to a conclusion.
For details on the filing click below (pacer login required):
https://ecf.txed.uscourts.gov/doc1/17517461904
On Tuesday, December 16, 2014, the PTAB issued its Final Decisions concerning the five Blue Calypso patents asserted against IZEA. In those Decisions, the PTAB invalidated all asserted claims for three of the five patents. For the remaining two patents, the PTAB likewise eliminated the majority of Blue Calypso’s claims, leaving only eight claims in the case. In total the PTAB has invalidated 47 of the 55 claims originally asserted against IZEA. Importantly, the PTAB’s findings cast substantial doubt on the validity of those remaining claims asserted against IZEA. Moreover, those remaining claims require steps that none of IZEA’s software or systems perform.
“The PTAB’s Final Decisions only strengthen IZEA’s unwavering belief that Blue Calypso’s patents are invalid and do not cover any of IZEA’s previous or current pioneering technologies,” said Ted Murphy, Founder & CEO of IZEA. “IZEA looks forward to a successful resolution of this frivolous litigation.”
IZEA has a patent pending on its current IZEAx platform. In addition, IZEA recently acquired Ebyline, Inc. a company that operates a platform connecting publishers and content creators. Ebyline has three patents pending covering the design and use of its technology platform.
IZEA is represented by Alston & Bird, LLP, an AmLaw 50 firm with a national practice of over 800 expert attorneys, 170 of whom are dedicated solely to the practice of IP law.
Safe Harbor Statement
http://corp.izea.com/safe-harbor-statement
