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Augme Technologies, Inc. Message Board

  • jason9153 jason9153 Dec 6, 2012 10:13 AM Flag

    Update from Northland Capital...

    Augme Technologies, Inc. (AUGT - $0.61 - Outperform - $2.00 Target )
    Darren Aftahi

    Delaware Court Issues AUGT/P Markman Ruling
    · Yesterday, AMC, in the District Court of Delaware, Judge Stark issued a Markman ruling in AUGT’s patent dispute with Pandora alleging infringement of AUGT’s ‘690 patent, “Appliance Metaphor For Adding Media Function to a Web page.” The Markman hearing was held in late February.
    · Nine terms were disputed and ruled on. Of the terms disputed, the court sided with Augme’s definition on eight of the nine terms.
    · Overall, we believe the Markman ruling was heavily in favor of Augme, and should be seen as incrementally positive for the stock given the market is currently assigning no value for its IP portfolio.

    Darren Aftahi
    Equity Research
    Northland Capital Markets
    45 South 7th Street, Suite 2000
    Minneapolis, MN 55402
    Direct: 612-851-4910
    Cell: 858-414-7244

    Sentiment: Strong Buy

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