Feb 21, 2012
ViaSat Brings Lawsuit Against Space Systems/Loral and Loral for Patent Infringement and Breach of Contract
CARLSBAD, Calif., Feb. 21, 2012 /PRNewswire/ -- ViaSat Inc. (Nasdaq:VSAT), an innovator in satellite and other wireless networking systems and services, announced today it has served a complaint for patent infringement and breach of contract against Space Systems/Loral and Loral Space & Communications related to the unauthorized use of ViaSat's intellectual property, including technology ViaSat developed for its ground breaking 100+ Gbps ViaSat-1 satellite. The lawsuit was filed in the United States District Court for the Southern District of California. ViaSat is seeking monetary damages and a permanent injunction to prevent SS/L and Loral from continuing to use ViaSat technology.
"We are very proud of the technology we invented that enabled ViaSat-1 to deliver more than ten times the throughput of prior generation broadband satellites," said Rick Baldridge, president and COO of ViaSat. "We believe our complaint clearly establishes our position regarding ownership of the underlying intellectual property as well as SS/L's infringement of our patents and its breach of contract. We have been clear with SS/L that any settlement discussions would need to progress expeditiously given the high stakes involved and the fact that we put SS/L on notice of these issues long ago. Unfortunately, those discussions didn't progress at all, so we are moving forward with the litigation."
Safe Harbor Statement
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to the type of relief that may be granted by the Court, the Court's determination related to the ownership of the intellectual property at issue, and the probability of a successful outcome with respect to the litigation. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: ability to successfully litigate the case, and discovery of negative or unanticipated facts and circumstances in the litigation. In addition, please refer to the risk factors contained in our SEC filings available at www.sec.gov, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason.
About ViaSat (www.viasat.com)
ViaSat delivers fast, secure communications, Internet, and remote network access to fixed sites or on-the-move. The company provides networking products and managed network services for enterprise IP applications; is a key supplier of network-centric military communications and encryption technologies and products to the U.S. and allied governments; is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services; and offers high-speed Ka-band satellite broadband, featuring ViaSat-1, the world's highest capacity satellite. ViaSat also offers design capabilities and a number of complementary products including monolithic microwave integrated circuits and modules, DVB-S2 satellite communication components, video data link systems, data acceleration and compression, and mobile satellite antenna systems. Based in Carlsbad, California, ViaSat has established a number of worldwide locations for customer service, network operations, and technology development.
SOURCE ViaSat Inc.
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