Packaging
Card Activation Wins Significant Court Ruling
Wednesday 26. March 2008 - Card Activation Technologies, Inc. (BULLETIN BOARD: CDVT) , owners of a patent covering a method for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, announced that Card Activation Technologies, Inc. won a significant court ruling on March 20, 2008, in its lawsuit against major retailers Barnes & Noble, Inc.(NYSE:BKS) and Aeropostale, Inc.(NYSE:ARO). Barnes & Noble and Aeropostale sought to invalidate the Card Activation patent in that litigation.
Federal District Court Judge Joan B. Gottshall entered a decision, however, refusing to accept Barnes & Noble and Aeropostale’s position that Card Activation’s patent is invalid.
Mark Roth of Orum & Roth LLC, one of Card Activation’s attorneys, deemed the ruling very significant for Card Activation’s litigation and licensing efforts. “Card Activation’s victory on this motion significantly strengthens our position in this, and other cases. The court’s decision furthers our belief in the strength of the patent and our claims against those entities that we have sued as well as those entities that we have contacted to discuss taking a license under the patent,” said Mr. Roth.
The Card Activation patent relates to a method used by most retailers for processing debit styled cards, which include gift cards and phone cards. Card Activation currently has lawsuits pending against Walgreen Company (NYSE:WAG), Sears Holding Corporation (NASDAQ:SHLD), TJX Companies (NYSE:TJX) and OfficeMax (NYSE:OMX), as well as Barnes & Noble and Aeropostale. Card Activation has also placed on notice approximately 600 retailers relating to their potential infringement of the patent.