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ResMed Wins Initial Decision in ITC Patent Infringement Action

Judge Finds Nine BMC Products Infringe ResMed Patents

Judge Recommends Excluding U.S. Sale of BMC Masks and BMC Humidifier

SYDNEY and SAN DIEGO, Aug. 25, 2014 /PRNewswire/ -- An administrative law judge at the International Trade Commission (ITC) ruled Friday August 22 in a patent infringement case brought by ResMed (NYSE: RMD) against Chinese medical device manufacturer BMC Medical Co., Ltd., that each of nine BMC products named in the action infringes one or more ResMed patents.  As a result, ITC Judge Thomas Pender recommended that the ITC ban BMC and its U.S. distributor, 3B Medical, from importing or selling any of the infringing BMC products in the United States.  Judge Pender also recommended a cease and desist order that would enjoin BMC and 3B from selling, advertising, marketing, storing or testing the infringing products in the United States.  ResMed is the innovation leader and pioneer in designing and manufacturing devices for the treatment of sleep-disordered breathing.

Judge Pender found that BMC's InH2 humidifier, as well as original and redesigned versions of the following BMC masks infringe ResMed's patents:

  • iVolve nasal mask
  • iVolve N2 nasal mask
  • Willow nasal pillows mask
  • iVolve full face mask

"The Judge's decision is not just a victory for ResMed and the product innovation that is core to our brand, but it's also a win for patients who deserve high quality, comfortable care," said David Pendarvis, ResMed chief administrative officer and global general counsel. "We will continue innovating and continue protecting our intellectual property anywhere we identify infringement."

About ResMed:
ResMed changes lives by developing, manufacturing and distributing medical equipment for treating, diagnosing, and managing sleep-disordered breathing, COPD, and other chronic diseases. We develop innovative products and solutions to improve the health and quality of life of those who suffer from these conditions, and we work to raise awareness of the potentially serious health consequences of untreated sleep-disordered breathing. For more information on ResMed, visit www.resmed.com.

Contacts:


For News Media

For Investors

Gretchen Griswold

Agnes Lee

Director, Global Corporate Communications

Senior Director, Investor Relations

O: +1-858-836-6789

O: +1-858-836-5971

news@resmed.com

investorrelations@resmed.com

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TMT Chairman and CEO Hsin-Chi Su Files US$100 million IP Suit over Vessel Sale

HONG KONG, Aug. 21, 2014 /PRNewswire/ -- Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group ("TMT") launched a suit in Texas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.V.D Whale, M.V.G Whale and M.V.H Whale, to Mega International Commercial Bank Co. Ltd. (Mega Bank) will strip him of intellectual property worth more than US$100 million for each ship. According to Ken Liang's deposition at the court, Mega Bank is the agent for vulture fund Oaktree Capital Group.

U.S. Bankruptcy Judge Marvin Isgur recently signed off on a sale of the ships to Mega Bank without adequately protecting Su's interest in the boats' patented technology. For this reason, Su wants the federal district court to either issue a declaratory judgment clarifying that Judge Isgur's order approving the sale of the ships "free and clear" of any liens did not extinguish his rights under several Asian patents he holds, or force Mega Bank to immediately compensate him for the loss of his intellectual property, over US$100 million for each ship.

Judge Isgur declined to adjudicate his patent rights, but left open the possibility that the TMT executives could pursue infringement claims against either Mega Bank or TMT if it is later determined that Su's intellectual property was improperly transferred.

Su said "I deeply regret that Judge Isgur declined to adjudicate the patent rights. The practice of selling the ships of TMT to a US company without securing the permission of patent rights owners is tantamount to selling pirated copies. This reminds me of the Asian financial crisis in 1997, when foreign funds aggressively acquired Asian companies at low prices."

Su designed an underdeck piping structure for the ships, which he patented in Japan, Korea and China, but allowed TMT to use it without a license.

In this case, the sale orders did not determine ownership of the Asian patents. Hence, Su owns the Asian patents and retains his rights to enforce the Asian patents by, among other things, suing infringers regardless of the sale orders.

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All New York State Criminal Charges Dismissed Against Prominent Southern California Philanthropist In $50 Million Internet Sports Betting And Enterprise Corruption Case

NEW YORK, Aug. 21, 2014  /PRNewswire/ -- The District Attorney's Office for Queens County, New York, dismissed all criminal charges today in its $50 million Internet sports betting and enterprise corruption case against prominent Southe...

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CPA Global Acquires Leading Patent Services Provider Landon IP

ST HELIER, Jersey, Aug. 19, 2014 /PRNewswire/ --

Further strengthens search and analytics capabilities to meet increasing demand from clients around the world 

CPA Global, the world's leading specialist in intellectual property (IP) software and services, today announced the acquisition of international patent services provider Landon IP for an undisclosed amount. The acquisition further strengthens CPA Global's patent search and analytics capabilities, while providing Landon IP with access to a larger worldwide network.

     (Logo: http://photos.prnewswire.com/prnh/20130910/638525 )

Landon IP is headquartered in Alexandria, Virginia, close to CPA Global's US headquarters and the US Patent and Trademark Office (USPTO). It also has offices in Detroit, Michigan, as well as internationally, in London, Shanghai and New Delhi. Landon IP was previously wholly owned by the Company's Chief Executive Officer, David Hunt, and other Hunt family interests. Hunt and fellow members of Landon IP's management team will continue in their current roles.

The primary services that Landon IP offers are:

  • Patent search 
    Patent searches for corporates, law firms, universities, and inventors to provide them with a more informed view on such issues as patentability, infringement, freedom to operate, state of the art and validity.
  • Patent Cooperation Treaty (PCT)search    
    Execution of Chapter I PCT International Search Reports under long-term contract to the USPTO.
  • Patent analytics  
    Complex patent analysis - including patent landscape studies, patent mapping and portfolio reviews - to support decision-making around patent strategy, research and development, patent valuations, and licensing or sale of patents.
  • Intellectual Property information retrieval and legal support  
    Professional information retrieval, IP data collection searches and monitoring, and dissemination of worldwide value-added patent file histories through its proprietary Patent Workbench® tool.
  • Patent law education  
    Introductory and advanced patent law courses and educational programmes for patent professionals through its Patent Resources Group subsidiary.

Following the acquisition, Landon IP will operate as a standalone entity and will continue to serve clients in the same manner as previously. CPA Global's management teams will work with Hunt and his team to expand Landon IP's geographic reach and help promote the Company's specialist skills to a broader range of clients worldwide.

CPA Global's Chief Executive Officer, Tim Griffiths, said: "As companies across the world increasingly seek to align the management of their Intellectual Property assets with their broader business objectives, we are seeing greater demand for patent search and analytics services to help inform strategic decision-making. Landon IP is a leader in this area and we are delighted to be working with them to deliver world-class patent services."

Commented Hunt: "Under CPA Global's ownership, Landon IP looks forward to accelerating our growth ambitions, while continuing to provide clients with the same exceptionally high quality of service they have come to expect from us."

About CPA Global  

CPA Global is the world's leading intellectual property (IP) management and IP software specialist, and an international provider of outsourced legal services. With offices across Europe, the United States and Asia Pacific, CPA Global supports many of the world's best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realise greater value for their businesses and IP assets.

CPA Global helps corporates and law firms in managing valuable IP Rights, such as patents, designs and trademarks, ensuring that IP portfolios are protected, maintained and regularly reviewed in order to maximise value. Working closely with its clients, CPA Global ensures they have the best information on which to base IP decisions, and the best support in terms of helping implement those decisions.

Services include the development and implementation of IP software management solutions; patent portfolio optimisation; patent search and analytics; patent and trademark renewals; as well as other IP support services such as docketing, trademark watching and domains management. CPA Global is also a leading player in the outsourced legal services sector, providing high quality and cost-efficient legal support services such as transaction support, contract management, anti-bribery and compliance, and legal research through global delivery centres in the US, Europe and India.

Founded in Jersey, Channel Islands in 1969, CPA Global today employs more than 1,800 people, serving clients' needs in 200 jurisdictions through its own offices and an extensive agent network. CPA Global's diverse client list ranges from major global corporations, headquartered in Europe, North America and Asia Pacific, to small and medium-sized enterprises and innovation start-ups; and from top international law firms to national and regional law and IP firms. For further information, please visit: http://www.cpaglobal.com.

About Landon IP 

Landon IP is a leading global provider of professional support services throughout the IP lifecycle. Services include patent and trademark searching; non-patent literature searching; in-depth technical analysis; and global information retrieval. The Company is headquartered in Alexandria, Virginia, near the offices of the US Patent and Trademark Office (USPTO), with other offices in Detroit, Michigan, the UK (London), China (Shanghai) and India (New Delhi).

In 2006, Landon IP was awarded a contract to conduct PCT patent searches for the USPTO in the fields of mechanical engineering, life sciences, physical sciences, and electrical communications. Landon IP's relationship with the USPTO was extended and expanded in 2012 with the award of a new contract to perform PCT searches across all of the USPTO's technology areas.

The Company that is today Landon IP traces its history back to 1949 when a predecessor to the present company was founded in the US. For further information, please visit: http://www.landon-ip.com

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Statement of Daniel A. Pollack, Special Master in Argentina Debt Litigation

NEW YORK, Aug. 9, 2014 /PRNewswire/ -- Daniel A. Pollack, Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations in the Argentina Debt Litigation, today issued the following statement:

"Pursuant to the direction of the Court, I have continued to work to find a solution to the issues that divide the parties.  As I have indicated, it is my intention to convene and conduct further negotiations until a solution is reached, however long that may take."

Mr. Pollack said he would have no further comment at this time.


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Daniel A. Pollack, Special Master in Argentina Debt Litigation, Issues the Following Statement

NEW YORK, July 31, 2014 /PRNewswire/ -- Daniel A. Pollack, the Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations between the Republic of Argentina and its Bondholders, issued the following Statement today:

"This morning and this afternoon, representatives of the Republic of Argentina, led by Minister of the Economy, Axel Kicillof, and representatives of its large bondholders held further face-to-face meetings in my office and in my presence. Unfortunately, no agreement was reached and the Republic of Argentina will imminently be in Default. Today, July 30, was the last day of the grace period for the Republic of Argentina to pay many hundreds of millions of dollars of interest to its "exchange" bondholders, i.e. those who took bonds in 2005 and 2010 in exchange for the bonds they held following the Default of 2001. In order to make that payment of interest, however, the Republic of Argentina was also required, simultaneously, to make a "ratable" payment to the bondholders who declined to accept the exchanges of 2005 and 2010, i.e. the "holdouts". The Republic of Argentina did not meet those conditions and, as a result, will be in Default. Notwithstanding any claim to the contrary, Default is not a mere "technical" condition, but rather a real and painful event that will hurt real people: these include all ordinary Argentine citizens, the exchange bondholders (who will not receive their interest ) and the holdouts ( who will not receive payment of the judgments they obtained in Court). The full consequences of Default are not predictable, but they certainly are not positive. This case has been highly publicized and highly politicized for many weeks. What has been perfectly clear to me all along, however, in my capacity as the neutral Special Master, is that the laws of the United States must be obeyed by all parties. The courts of the United States (both the United States District Court and the United States Court of Appeals), after full briefings and hearings, ruled that the Republic of Argentina could not lawfully make the interest payments to the exchange bondholders unless it simultaneously made the payments due the holdouts. I have worked relentlessly, over a five-week period, to bring the Republic of Argentina and its bondholders together in an agreement that would allow the June 30 interest payment of many hundreds of millions of dollars to be made, and to be made lawfully, thereby avoiding Default. It is not my role or intent to find fault with either side. I will continue to be available to the parties to aid them in reaching a resolution which they must reach in the interests of all concerned. Default cannot be allowed to lapse into a permanent condition or the Republic of Argentina and the bondholders, both exchange and holdouts, will suffer increasingly grievous harm, and the ordinary Argentine citizen will be the real and ultimate victim."

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Apex Continues Fighting Against Patents to Free Up Competition

TAIPEI, July 29, 2014 /PRNewswire/ -- Apex Medical Corporation (Apex, TWSE: 4106), a leading player in the Respiratory Therapy and Pressure Area Care sectors, announces that it is appealing the judgment of the Regional Court of Munich in Ger...

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