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Edgenet Update on WTS Paradigm Patent Infringement LawsuitNASHVILLE, Tenn., Aug. 26, 2015 /PRNewswire/ -- Edgenet® today provided commentary regarding its lawsuit against WTS Paradigm. Edgenet and WTS are locked in a legal battle over whether WTS has infringed Edgenet's intellectual property rights. The two companies dismissed their claims around three of Edgenet's patents. However, Edgenet is aggressively pursuing other claims in the case, including an additional patent claim, and the lawsuit is far from resolved. Earlier this year, Edgenet sued WTS for patent infringement, trade secret misappropriation, interference with contractual and business relationships, and procurement of breach of contract. The original lawsuit centered on two of Edgenet's patents for automated configuration systems and methods. The company later added two additional patents from its portfolio to its claim. In today's agreement, Edgenet agreed to dismiss its claims with respect to certain of its patents. In return, WTS agreed to dismiss their claims against those same patents. However, Edgenet is continuing to pursue its claims against WTS on U.S. Patent 7,805,461, and dditional issues that have come to light during the course of the litigation. "Edgenet is focusing its case on the claims that are most important to us and the protection of our intellectual property," said Tim Stafford, executive vice president of Edgenet. "Innovation has always been at the core of Edgenet's business and our m2o® software, and we will always vigorously protect those innovations." "Edgenet has built a strong business by spearheading the use of new product configuration technologies in the hardlines marketplace, and we are going to aggressively protect the hard work and ingenuity of our employees," continued Stafford. About Edgenet Edgenet is the hardlines industry standard for product data management and in-store selling solutions. Edgenet's Product Content Cloud™ and m2o solutions help manufacturers, brands, and retailers sell easier and sell more across all channels, anywhere, on any device, at any time, for in-stock and configurable products. For more information on Edgenet's solutions for the hardlines marketplace, please visit http://www.edgenet.com. Contact Information: This release was issued through WebWire(R). For more information, visit http://www.webwire.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/edgenet-update-on-wts-paradigm-patent-infringement-lawsuit-300133694.html SOURCE Edgenet 
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