NTP Offered RIM A License That'Fully Protects Everyone'

NTP Inc. said Monday that Blackberry-maker Research in Motion Ltd. mischaracterized the proposed license agreement between the two companies and that it offered RIM a license "that protects everyone." The patent-holding company added that it is "open to hearing any specific issues RIM has with its proposed agreements."

Friday, a judge at the hearing on the companies' patent dispute didn't issue an immediate injunction on sales and services of BlackBerry devices in the U.S. The judge is expected to rule on what financial penalties RIM should pay NTP for patent infringement, a verdict reached by a Virginia jury in 2002.

NTP won several patent-infringement claims for wireless e-mail processes in court against RIM.

RIM shares were recently down $1.65, or 2.2%, at $72.40.

-Josee Rose; 201-938-5400; asknewswires@dowjones.com

(END) Dow Jones Newswires "

Posted to the site on 27th February 2006