Marathon Patent Group's Wholly-Owned Subsidiary Signal IP, Inc. Files Patent
Infringement Lawsuits Against American Honda Motor
Corporation, KIA Motors America Corporation, Mazda Motor of America
Corporation, and Mitsubishi Motors North America Corporation
LOS ANGELES, CA -- (Marketwired) -- 04/02/14 -- Marathon Patent
Group, Inc. (OTCQB: MARA) ("Marathon"), a patent acquisition and
monetization company, announced today that its wholly-owned
subsidiary Signal IP, Inc. ("Signal") has filed a patent infringement
lawsuit against American Honda Motor Corporation, KIA Motors America
Inc., Mazda Motor of America Inc. and Mitsubishi Motors North America
Inc. in the United States District Court for the Central District of
Signal is asserting infringement related to U.S. Patent numbers
5,714,927 "Method of Improving Zone of Coverage Response of
Automotive Radar," 5,732,375 "Method of Inhibiting or Allowing Airbag
Deployment," 6,434,486 "Technique for Limiting the Range of an Object
Sensing System in a Vehicle," 6,012,007 "Occupant detection method
and apparatus for air bag system," 5,463,374 "Method and apparatus
for tire pressure monitoring and for shared keyless entry control,"
and 6,775,601 "Method and Control System for Controlling Propulsion
in a Hybrid Vehicle."
Liner LLP has been retained as litigation counsel.
About Marathon Patent Group:
Marathon Patent Group, Inc. is a patent acquisition and monetization
company. We acquire patents from a wide range of patent holders from
individual inventors to Fortune 500 companies. Our strategy of
acquiring patents that cover a wide-range of subject matter allows us
to achieve diversity within our patent asset portfolio. We generate
revenue with our diversified portfolio through actively managed
concurrent patent rights enforcement campaigns. This approach is
expected to result in a long-term, diversified revenue stream. To
learn more about Marathon Patent Group, visit
About Liner LLP
Ranked one of Los Angeles' largest firms, Liner LLP (Liner) is a
dynamic law firm representing clients throughout the country in the
full range of IP disputes, including patents, trademarks, copyrights,
trade secrets and licensing. The firm is experienced in all aspects
of IP litigation in federal and state courts, including
pre-litigation investigation and counseling, obtaining and defending
against preliminary injunctions, trial and appellate advocacy. The
firm's diverse client base includes Fortune 500 companies and other
institutional entities, as well as small and medium-sized businesses
and individual entrepreneurs. A full-service firm, Liner also offers
broad expertise in commercial litigation, real estate, business
disputes, finance, white collar crime, products liability, toxic
tort, environmental, insurance, corporate and tax.
Forward Looking Statements:
Certain statements in this press release constitute "forward-looking
statements" within the meaning of the federal securities laws. Words
such as "may," "might," "will," "should," "believe," "expect,"
"anticipate," "estimate," "continue," "predict," "forecast,"
"project," "plan," "intend" or similar expressions, or statements
regarding intent, belief, or current expectations, are
forward-looking statements. While the Company believes these
forward-looking statements are reasonable, undue reliance should not
be placed on any such forward-looking statements, which are based on
information available to us on the date of this release. These
forward looking statements are based upon current estimates and
assumptions and are subject to various risks and uncertainties,
including without limitation those set forth in the Company's filings
with the Securities and Exchange Commission (the "SEC"), not limited
to Risk Factors relating to its patent business contained therein.
Thus, actual results could be materially different. The Company
expressly disclaims any obligation to update or alter statements
whether as a result of new information, future events or otherwise,
except as required by law.
Investor Relations Contacts:
The Del Mar Consulting Group, Inc.
Robert B. Prag
Alex Partners, LLC
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