Taser Provides Less Than Complete Information to Investors on Markman Ruling
(Nasdaq: TASR) announced that it “PREVAILS” against Stinger Systems, Inc.
(OTC Bulletin Board: STYS) in a Markman bench trial (Federal case number:
CV07-0042-PHX-MHM). The announcement states that United States District Court
Judge Murguia’s ruling adopts several constructions of invention claims
language as argued by Taser.
Stinger Systems believes, as is often the case, Taser here provides less
than complete information to its investors. Taser fails to state that Judge
Murguia in her ruling also adopts language construction as argued by Stinger.
stated, “Nobody wins or loses a ‘Markman’ bench trial. The purpose of such
trial is to construe the language of claimed inventions, so plaintiff and
defendant can thereafter proceed to argue for or against infringement of the
claims. Taser’s IP attorneys I would think know this. Stinger is actually
quite pleased with Judge Murguia’s constructions and looks forward to
proceeding with the patent case. In fact, I instructed Mr. Harris, Stinger
trial counsel for the hearing, to ask Prof. Rodriquez, the Taser expert
testifying at the hearing, a series of questions in anticipation of some Taser
constructions being adopted by the Court. Mr. Rodriquez answered as I
ABOUT STINGER SYSTEMS
Stinger Systems, Inc., a leading provider of electro stun technologies,
develops and sells a broad array of products utilizing advanced electro
sparc-pulsed technology to police, corrections, and security sectors
This announcement contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The forward-looking
statements are based on Stinger Systems’ current intent, belief and
expectations. These statements are not guarantees of future performance and
are subject to certain risks and uncertainties that are difficult to predict.
Actual results may differ materially from these forward-looking statements
because of the risks described in Stinger Systems’ filings with the Securities
and Exchange Commission. Existing and prospective investors are cautioned not
to place undue reliance on these forward-looking statements, which speak only
as of today’s date. Stinger Systems undertakes no obligation to update or
revise the information contained in this announcement whether as a result of
new information, future events or circumstances, or otherwise.
SOURCE Stinger Systems, Inc.