Showing posts with label MCVE. Show all posts
Showing posts with label MCVE. Show all posts

Wednesday, February 22, 2012

MacroSolve (PK: MCVE) Files Patent Infringement Suit Against GEICO

MacroSolve (PK: MCVE) Files Patent Infringement Suit Against GEICOOrlando, FL 2/22/12 (StreetBeat) -- MacroSolve, Inc., (Pinksheets: MCVE), a leading provider of mobile technologies, apps and solutions for business, yesterday announced it has filed a patent infringement suit against GEICO Insurance Agency, Inc., GEICO Casualty Company, and Government Employees Insurance Company, all wholly owned subsidiaries of Berkshire Hathaway, Inc. (NYSE: BRK) for violation of MacroSolve's U.S. Patent No. 7,822,816.

"Our patent underlies mobile apps that are deployed today across virtually all industries, including insurance. With this suit and others which we've already filed, we will continue to protect our intellectual property rights," stated MacroSolve Vice Chairman Jim McGill.

MacroSolve's lawsuit against GEICO and its affiliates claims that, "Defendants, directly or through intermediaries, made, used, imported, provided, supplied, distributed, sold and/or offered for sale products and/or systems (including at least their GEICO mobile application product and/or service) that infringed one or more claims of the '816 patent and/or defendants induced infringement and/or contributed to the infringement of one or more of the claims of the '816 patent by their customers."

On October 26, 2010, the United States Patent and Trademark Office issued U.S. Patent No. 7,822,816 to MacroSolve. The patent, a significant intellectual property asset to MacroSolve, further advances its position as a leader in the mobile solutions market. The patent addresses mobile information collection systems across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of carrier and manufacturer, and is currently utilized in MacroSolve's rapid mobile app development platforms. MacroSolve's patent covers fundamental technology in the mobile application space utilized by multiple companies.

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Thursday, February 9, 2012

MacroSolve (PK: MCVE) Sues Hyatt for Patent Infringement

MacroSolve (PK: MCVE) Sues Hyatt for Patent InfringementTallahassee, FL 2/9/12 (StreetBeat) -- Mobile technology provider, MacroSolve, Inc. (Pink Sheets:MCVE), who brands itself in the app world through the name “Illume Mobile,” has filed a patent infringement lawsuit against Hyatt Corporation (NYSE:H) alleging a violation of MacroSolve’s U.S. Patent No. 7,822,816, which was issued to MacroSolve on October 26, 2010 by the United States Patent and Trademark Office. The suit is one in a number of patent infringement cases that the company has filed against household names such as Wal-Mart (NYSE:WMT), Facebook, Hertz (NYSE:HTZ), Priceline.com (NASDAQ:PCLN) and Southwest Airlines (NYSE:LUB), as well as seven other major companies in the travel industry claiming illegal usage of MacroSolve’s mobile app platforms.

"We've already reached settlement agreements with a number of companies that were in violation of our intellectual property rights and we believe we will continue to find amicable ways to receive compensation for the use our inventions," said MacroSolve Vice Chairman, Jim McGill, in a press release today.
The patent addresses mobile information collection systems across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of carrier and manufacturer, and is currently utilized in MacroSolve's rapid mobile app development platforms. MacroSolve's patent covers fundamental technology in the mobile application space utilized by multiple companies.
MacroSolve's lawsuit claims that, "Hyatt, directly or through intermediaries, made, used, imported, provided, supplied, distributed, sold and/or offered for sale products and/or systems (including at least its product and system referred to as its Hyatt mobile app) that infringed one or more claims of the 816 patent. In addition, Hyatt induced infringement and/or contributed to the infringement of one or more of the claims of the 816 patent by its customers."

Judging by the January 2012 Investment Overview at http://www.illumemobile.com/wp-content/uploads/docs/011912_MCVE_SlideDeck_Website.pdf, this is by no means going to be the last lawsuit filed by MacroSolve. The company has been a pioneer in the app game through its patents and says that it has identified over 250 potential targets and intends to file 15 to 20 new suits every 60 to 90 days. A law firm is working at 100 percent contingent fee, so there is no cost to MacroSolve for enforcement.

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Tuesday, October 11, 2011

Promotion Campaign for MacroSolve (PINK:MCVE)

Promotion Campaign for MacroSolve (PINK:MCVE)Shawshank, VA 10/11/2011 (PennyPayDay) – MacroSolve, Inc. (PINK:MCVE), a provider of mobile apps and solutions, announced today, in a press release, it has signed an agreement with Donald J. Trump Jr., Executive Vice President of The Trump Organization. MCVE is also under an e-mail promotion campaign that started this morning. As I write, shares of MCVE were up 7 percent at $0.13 per share on heavy volume of nearly 1 million shares.

As an influential businessman and brand authority, Donald Trump Jr. brings MacroSolve's patented mobile app platform and services to his wide network of companies and affiliates looking to improve their performance using mobile apps.

Trump is one of the world's most iconic brands and Donald Trump Jr. is now leading the next generation of the brand into the frontier of both the digital and mobile worlds through this agreement with MacroSolve.

"Just as in physical real estate -- digital real estate is location, location, location. Having a company's brand and logo on the screen of mobile devices is a valuable place to be for a company looking to drive revenues and productivity. The mobile app market is exploding and is a major part of our Trump branded businesses," stated Donald Trump Jr. "With the combination of exploding market demand for mobile apps and the depth of experience and expertise of the management team at MacroSolve, I see unparalleled potential in this agreement."

MacroSolve has long been focused on mobility tools for businesses and has already provided mobile apps into key markets including those where Donald Trump Jr. has been affiliated: hospitality, restaurants, and country clubs. This agreement further capitalizes on MacroSolve's expertise and intellectual property.

"Donald Trump Jr.'s visionary leadership in branding is the perfect match to MacroSolve's foundational position in the mobile app sector. Most importantly, this opens a great opportunity to bring the power of mobile apps to businesses of all sizes seeking to improve their revenues and productivity. Based upon our preliminary business development discussions with Donald Trump Jr., both companies see a large opportunity for MacroSolve as a result of this agreement," stated MacroSolve CEO Steve Signoff.

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