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07/05/05
Timeline Inc. (OTCBB:TMLN) announced it has filed a patent infringement action against ProClarity Corporation, a private company headquartered in Boise, Idaho. This action, filed in the Federal District Court for Western Washington, seeks substantial damages and to enjoin ProClarity from any further licensing of certain ProClarity software modules in the United States. ProClarity is a provider of reporting and data visualization products with an emphasis on analytic solutions based on Microsoft's Analysis Services module; a part of Microsoft's SQL Server data base management system. "ProClarity is a market leader in providing add-on products to run on Microsoft's SQL Server data base systems," stated Charles R. Osenbaugh, President and CEO of Timeline. For the past three years, ProClarity has been named to the Deloitte Technology Fast 500 and Inc. Magazine 500 based on achieving 1,126% five-year revenue growth with revenues estimated at $15 million at December 31, 2003. "We believe a good portion of ProClarity's revenue stream was generated by software products which infringe Timeline's patents. Furthermore, ProClarity also offers a platform development product on which other software developers may develop infringing product."
Posted by GEN-ERIC at 12:57:14 am into the following categories: In The News
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