Click here to close now.


News Feed Item

Sen. Hatch Meets with Utah Businesses to Solve Patent Troll Issues

A who’s who of Utah business and technology leaders gathered recently at IM Flash to meet with Sen. Orrin Hatch (R-UT) to discuss the serious issues patent trolls pose to companies and to discuss common sense patent reform. The roundtable, hosted by Utah Technology Council and the Main Street Patent Coalition, discussed the benefits and issues associated with the Innovation Act passed by the U.S. House of Representatives and presented to the U.S. Senate.

House bill H.R.3309, or the Innovation Act, focuses on fee shifting, which is a major step in the right direction and will cause fear among the patent trolls, but won’t be enough. For fee shifting to work, there will also need to be an emphasis on bonding, reasonable rules on discovery and heightened changes for pleading. “The bill is a great start,” said Hatch. “It has really drawn attention to the issue and has been passed to the Senate for consideration."

So-called patent trolls, according to the Main Street Patent Coalition, rely on extortion and intimidation to wring licensing fees and settlements out of main street businesses that don’t have patent expertise and cannot afford to fight back where the average infringement litigation can cost more than $2 million. Patent troll litigation costs the U.S. economy about $80 billion per year. In 2013, patent trolls filed 18 percent more lawsuits than in 2012.

“It’s a difficult and growing problem,” said Richard Nelson, president of the Utah Technology Council. “It is not only a U.S. issue, it’s a growing issue right here in Utah. Because of this, we passed H.B. 117 Patent Infringement Amendments in the 2014 legislative session. This roundtable brought together some of the most influential businesses in Utah who are committed to finding solutions that can become the foundation to common sense patent reform in the United States."

The roundtable consisted of CEOs and executives from Intel, Micron, IM Flash, Adobe, Overstock, Oracle, DigiCert, Instructure, FatPipe, VPI Engineering, Smith’s Food & Drug Stores, the Utah Restaurant Association, Utah Credit Unions,, UTC, Workman Nydegger and others.

Hatch believes the Senate will come up with the best possible language to make the bill stronger and believes it will be a bipartisan effort. CALL TO ACTION: If your company has been impacted by patent trolls, reach out to members of the Senate Judiciary Committee and Senate Majority Leader Harry Reid before July 1 to thank them for their leadership in getting this legislation right and to stress the importance of passage of a substantial bill to protect America’s economy and our leadership in innovation.

About the Utah Technology Council

The UTAH TECHNOLOGY COUNCIL is the state’s premier professional association for over 4,700 high tech, clean tech and life science companies. At its core, UTC exists to help Utah technology businesses become more relevant and competitive by creating VALUABLE CONNECTIONS with members and others who offer peer experience and advice, by addressing the serious TALENT SHORTAGE faced by member companies and by assisting members to gain ACCESS TO FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources.

About The Main Street Patent Coalition

Main Street Patent Coalition is a national, non-partisan coalition of organizations dedicated to stopping patent abuse from trolls by encouraging Congress to pass comprehensive, common sense patent reform legislation to: Eliminate trolls’ ability to hide behind shell corporations, Disarm trolls by improving patent quality and providing a way to fight bad patents, Make it easier to punish trolls that send fraudulent and abusive shake down demand letters, Protect end users by providing a consistent application of the customer stay when the manufacturer is best positioned to fight the troll, and ensure that the stay provision applies the proper width of coverage to adequately shield main street businesses, and Make trolls pay when they sue companies frivolously and stop runaway litigation costs.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
Clutch is now a Docker Authorized Consulting Partner, having completed Docker's certification course on the "Docker Accelerator for CI Engagements." More info about Clutch's success implementing Docker can be found here. Docker is an open platform for developers and system administrators to build, ship and run distributed applications. With Docker, IT organizations shrink application delivery from months to minutes, frictionlessly move workloads between data centers and the cloud and achieve 2...
SYS-CON Events announced today that Machkey International Company will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Machkey provides advanced connectivity solutions for just about everyone. Businesses or individuals, Machkey is dedicated to provide high-quality and cost-effective products to meet all your needs.
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
“The Internet of Things transforms the way organizations leverage machine data and gain insights from it,” noted Splunk’s CTO Snehal Antani, as Splunk announced accelerated momentum in Industrial Data and the IoT. The trend is driven by Splunk’s continued investment in its products and partner ecosystem as well as the creativity of customers and the flexibility to deploy Splunk IoT solutions as software, cloud services or in a hybrid environment. Customers are using Splunk® solutions to collect ...
SYS-CON Events announced today that Agema Systems will exhibit at the 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Agema Systems is the leading provider of critical white-box rack solutions to data centers through the major integrators and value added distribution channels.
SYS-CON Events announced today that Interface Masters Technologies, provider of leading network visibility and monitoring solutions, will exhibit at the 17th International CloudExpo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading provider of high speed networking solutions focused on Gigabit, 10 Gigabit, 40 Gigabit and 100 Gigabit Ethernet network access and connectivity products. For over 20 ye...
As enterprises capture more and more data of all types – structured, semi-structured, and unstructured – data discovery requirements for business intelligence (BI), Big Data, and predictive analytics initiatives grow more complex. A company’s ability to become data-driven and compete on analytics depends on the speed with which it can provision their analytics applications with all relevant information. The task of finding data has traditionally resided with IT, but now organizations increasingl...
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
Clearly the way forward is to move to cloud be it bare metal, VMs or containers. One aspect of the current public clouds that is slowing this cloud migration is cloud lock-in. Every cloud vendor is trying to make it very difficult to move out once a customer has chosen their cloud. In his session at 17th Cloud Expo, Naveen Nimmu, CEO of Clouber, Inc., will advocate that making the inter-cloud migration as simple as changing airlines would help the entire industry to quickly adopt the cloud wit...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He will also demonstrate how easy it is to search and restore cloud application data using Cloudfinder.