Lebed.biz Featured Company: Network 1 Security Solutions Inc (NSSI.OB) Making Legal Headlines
Network 1 Security Solutions Incorporated commenced litigation against Cisco Systems, Linksys, Foundry Networks, Extreme Networks, 3Com Corporation, Enterasys Networks, Netgear and adtran. Network 1 claims that the companies infringed upon their remote power patent and patents pertaining to their power over Ethernet technologies. The litigation has been filed in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of United States Patent No. 6,218,930 (the "Remote Power Patent"). Network 1 seeks monetary damages based upon reasonable royalties as well as treble damages for the Defendants' continued willful infringement of the 6,218,930 Patent. Unfortunately for…