Activision Publishing Lawsuit Against Worlds Inc., Worlds Online Dismissed With Prejudice
June 02 2014 - 7:30AM
Marketwired
Activision Publishing Lawsuit Against Worlds Inc., Worlds Online
Dismissed With Prejudice
BOSTON, MA--(Marketwired - Jun 2, 2014) - A lawsuit (CV 13-07380
CBM (PLAx)) by Activision Publishing, Inc., a subsidiary of
Activision Blizzard, Inc. (ATVI), against Worlds Inc. (OTCBB: WDDD)
and Worlds Online, Inc. (OTCBB: WORX) has been dismissed with
prejudice.
After Worlds Inc. filed a patent infringement suit against
Activision Blizzard, Inc., Blizzard Entertainment, Inc. and
Activision Publishing, Inc. (Activision), in early October 2013,
Activision Publishing, Inc. filed a lawsuit claiming patent
infringement against Worlds Inc. and Worlds Online Inc., in the
U.S. District Court for the Central District of California.
Activision alleged that Worlds violates U.S. Patent No. 6,014,145
entitled "Navigation with optimum viewpoints in three-dimensional
workspace interactive displays having three-dimensional objects
with collision barriers" and U.S. Patent No. 5,883,628 entitled
"Climability: property for objects in 3-D virtual
environments."
"We are happy with the court outcome. We and our legal counsel,
Susman Godfrey LLP, believed the case had no merit, but instead was
simply a tactical legal maneuver to tax Worlds' financial resources
and distract legal counsel from the primary litigation against
Activision in Massachusetts," stated Thom Kidrin, CEO for Worlds
Inc. and Worlds Online. "With that matter disposed permanently, we
are now focusing on the scheduling of the Markman Hearing date in
our patent infringement suit against Activision et al."
More information on the lawsuit and Worlds' patents can be found
on the Worlds Inc. website at http://www.worlds.com.
About Worlds Inc.: Worlds Inc. (OTCBB: WDDD) developed software
and related technology for the creation of interactive
three-dimensional (3D) Internet environments encompassing massively
multiplayer online role-playing games (MMORPG). The company's
technologies are designed for large-scale communities of
simultaneous online users, who interact within online interactive
3D virtual worlds. Worlds intends to monetize its patent portfolio
through enforcement, licensing and royalties of its patented
technologies. For more information, visit www.worlds.com.
Forward Looking Statements This release contains certain
forward-looking statements and information relating to Worlds Inc.
that are based on the beliefs of Worlds' management, as well as
assumptions made based upon information currently available to the
Company. Such statements reflect the current views of the Company
with respect to future events including estimates and projections
about its business based on certain assumptions of its management,
including those described in this Release. These statements are not
guarantees of future performance and involve risk and uncertainties
that are difficult to predict, including, among other factors,
changes in demand for the Company's services and products, changes
in the economic environment and changes in technology. Additional
risk factors are included in the Company's public filings with the
SEC. Should one or more of these underlying assumptions prove
incorrect, actual results may vary materially from those described
herein as "hoped," "anticipated," "believed," "estimated,"
"should," "preparing," "expected," "intends" or words of a similar
nature. The Company does not intend to update these forward-looking
statements.
Disclaimer with respect to website:
You are advised that the contents of the Company's website are
not incorporated by reference into this press release.
Contacts: Thom Kidrin CEO Worlds Inc. Email Contact Julie
Shepherd Media relations Accentuate PR for Worlds Inc. 847 275 3643
Email Contact
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