VANCOUVER, British Columbia, Jan. 20, 2009 (GLOBE NEWSWIRE) -- WordLogic Corporation (OTCBB:WLGC) has an important update that could impact the lawsuit against Mercedes-Benz USA involving damages for patent infringement for use of their car navigation system in certain 2007, 2008 and 2009 Mercedes-Benz models under US Patent No. 7293231 titled "DATA ENTRY FOR PERSONAL COMPUTING DEVICES." WordLogic is seeking 8.6% royalties of the sales of the infringing product that sell for approximately $3,000.00 to $5,000.00 per car. Also, in light of the undisputable fact that the infringer was well aware of the Company, its product, and its patents from 2005, WordLogic will seek treble damages and injunctive relief to prevent further infringement.
The United States Patent and Trademark Office has put WordLogic's second patent pending in a position of allowance. The Company's patent attorneys have filed the necessary response required to have this second patent pending allowed. The Company considers this development significantly important firstly as an additional asset increasing the value of this company and secondly the importance it will have in settling this case.
"Needless to say this is a precedent setting case that may impact other companies and the royalty stream from these patents will generate significant revenue in years to come," said Frank Evanshen, WordLogic's President and CEO. "Our patent pending portfolio consists of 9 patents pending, of which 4 are in active office action with the United States Patent and Trademark Office. The information on our patents and patents pending can be accessed from the link on our web site."
About WordLogic Corporation
WordLogic Corporation is a technology company that delivers predictive interface solutions for computing devices ranging from small hand-held devices such as PDAs to laptops and tablet PCs to conventional desktop computers. Incorporated in the United States, the company's research, testing and marketing facilities are located in Canada.
For more information, please visit www.wordlogic.com
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See WordLogic Corporation's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.