OutlookSoft said Friday it fended off a patent infringement suit brought by business software company Hyperion. The lawsuit, filed in U.S. District Court for the Eastern District of Texas in December 2004, alleged that OutlookSoft infringed on two Hyperion patents. The jury found there was no infringement and the Hyperion patents in question were invalid, OutlookSoft said. “The judge and jury have affirmed what we have known all along—the patents in question are invalid,” OutlookSoft CEO Phil Wilmington said in a statement. “While the legal system works, we believe it is wrong for a company to use invalid patents in an attempt to thwart a competitor’s efforts to bring products to the market.” San Jose, California-based Hyperion and Stamford, Connecticut-based OutlookSoft are both makers of business performance management software that helps companies with tools such as budgeting, planning, reporting, and analyzing.

Posted by GEN-ERIC at 12:02:56 am into the following categories: In The News

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