OpenText settles patent infringement claims against Alfresco Software, Ltd; parties agreed to patent license and court dismissal
WATERLOO, Ontario, Oct. 6, 2014 /CNW/ -- On June 5, 2013, OpenText (NASDAQ: OTEX, TSX: OTC), filed a patent infringement suit against Alfresco in the United States District Court for the Northern District of California, Case No, 3:13-cv-04843-JD, asserting that Alfresco infringes various OpenText patents related to core work space and collaboration functionality. OpenText and Alfresco have settled the dispute through a patent license related to the OpenText patents at issue in the suit. The specific terms and conditions of the settlement agreement are confidential.
"OpenText is pleased to have reached this agreement with Alfresco," says Gordon A. Davies, Chief Legal Officer and Corporate Secretary of Open Text Corporation. "This result is further evidence of our ongoing efforts to vigorously protect our intellectual property rights and business interests."
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OpenText is the largest independent software provider of Enterprise Information Management (EIM). For more information please visit www.opentext.com.
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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For more information, please contact:
United States:
Greg Secord
Vice President, Investor Relations
Open Text Corporation
San Francisco: 415-963-0825
gsecord@opentext.com
Canada:
Sonya Mehan
Senior Manager, Investor Relations
Open Text Corporation
Waterloo: 519-888-7111 ext. 2446
smehan@opentext.com
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