/C O R R E C T I O N -- Speedus Corp. /
June 08 2006 - 1:38PM
PR Newswire (US)
In the news release, Trial Date Set for One Speedus Patent Suit
Against Verizon Wireless, issued earlier toad by Speedus Corp. over
PR Newswire, we are advised by the company that the first
paragraph, first sentence, should read "trial date of January 22,
2007" rather than "January 7, 2007 " as originally issued
inadvertently. Complete, corrected release follows: NEW YORK, June
8 /PRNewswire-FirstCall/ -- Speedus Corp. (NASDAQ:SPDE) today
announced that a trial date of January 22, 2007 has been set for
the lawsuit that Speedus' unit CellularVision Technology &
Telecommunications, L.P. (CT&T) filed on May 11 against Cellco
Partnership (d/b/a Verizon Wireless). This suit, Case No.
06-60665-Civ-Huck/Simonton, is in connection with U.S. Patent No.
4,747,160. Verizon Wireless is a joint venture of Verizon
Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Two
separate complaints were filed in United States District Court in
the Southern District of Florida, in which Speedus asserts Verizon
Wireless is infringing two Speedus patents. U.S. Patent No.
5,949,793, "Transmission of Digital and Analog Signals in the Same
Band", covers cellular transmissions using simultaneous analog and
digital technology in the same bandwidth, which Verizon is
infringing in its operation of Cellular phone systems nationwide.
U.S. Patent No. 4,747,160, "Low Power Multi-Function Cellular
Television System", covers the use of cellular systems to deliver
television signals, which is also infringed by Verizon. Separate
suits in connection with these two patents have also been filed
against Alltel Corp. About Speedus Corp. Additional information on
Speedus Corp. may be obtained at http://www.speedus.com/ or by
contacting Peter Hodge at 888-773-3669 (ext. 23) or . Statements
contained herein that are not historical facts, including but not
limited to statements about the Company's product, corporate
identity and focus, may be forward-looking statements that are
subject to a variety of risks and uncertainties. There are a number
of important factors that could cause actual results to differ
materially from those expressed in any forward-looking statements
made by the Company, including, but not limited to, the continuing
development of the Company's sales, marketing and support efforts.
DATASOURCE: Speedus Corp. CONTACT: Peter Hodge of Speedus Corp.,
1-888-773-3669 ext. 23,
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