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Entertainment Gaming Asia Inc. Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Mar 24, 2006 11:15 AM Flag

    yes, $400k is coming due....

    at the conference call, you're more likely to hear about:

    "The Settlement Agreement extends only to the matters described above relating to Patent Numbers 6,325,373 and 6,068,258, and does not extend to the legal proceeding filed on October 5, 2004, by Shuffle Master, Inc., against us in the United States District Court, District of Nevada (Case No. CV-S-04-1373-JCM-LRL). Those litigation proceedings continue and are not affected by the Settlement Agreement."
    from page 20 of http://www.sec.gov/Archives/edgar/data/1004673/000114420405035305/v029205_10qsb.
    htm


    with emphasis on the last bit of:
    "On December 27, 2005, the United States Court of Appeals for the Federal
    Circuit issued a final ruling regarding our Notice of Appeal in the infringement
    action brought against us by Shuffle Master, Inc. in the United States District
    Court, District of Nevada (Case NO. CV-S-04-1373-JCM-LRL) on October 5, 2004.
    The Notice of Appeal related to the order issued by the United States District
    Court granting Shuffle Master's motion for a preliminary injunction preventing
    us from selling our PokerOne(TM) Shuffler.

    In its ruling the Court of Appeals reversed the order of the District
    Court and overturned the preliminary injunction. In addition, the Court of
    Appeals expressly concluded that under our claim construction, our PokerOne(TM)
    Shuffler does not infringe on Shuffle Master's patent for its shuffler product.
    The Court of Appeal's decision permits us to seek damages from Shuffle Master
    for the period we were wrongfully enjoined. We intend to pursue all available
    remedies against Shuffle Master relating to this matter."
    from http://www.sec.gov/Archives/edgar/data/1004673/000114420405041567/v032386_8k.txt

 
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