Wednesday 26. March 2008
Card Activation Wins Significant Court Ruling
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.