On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NetworkNewsBreaks – Digital Ally, Inc. (NASDAQ: DGLY) Shares Surge on U.S. Patent Office Denying Axon’s (NASDAQ: AAXN) Petition for IPR

Company: Digital Ally, Inc. (DGLY)
Category: News

Digital Ally (NASDAQ: DGLY) shares jumped 35% this morning after the company reported an important victory in its legal battles against Axon Enterprise, Inc. (NASDAQ: AAXN). The US Patent Office has denied Axon’s petition for inter partes review (IPR) of Digital’s 452 Patent, which covers the automatic activation and coordination of multiple recording devices in response to a triggering event such as a law enforcement officer activating the light bar on the vehicle. Not only was the IPR denied, the Patent Office also found that “…the information presented [by Axon] in the Petition does not establish a reasonable likelihood that [Axon] would prevail in showing the unpatentability of any of the challenged claims on the grounds set forth in the Petition.” The company said it believes that this finding severely limits Axon’s practical availability of litigation defenses moving forward. “We remain committed to defeating Axon’s arguments and ultimately winning this lawsuit. We look forward to restarting our patent infringement litigation in U.S. District Court against Axon, which had been stayed pending the Patent Office IPRs. We will now take the necessary actions to move to a trial where a jury can finally end Axon’s willful infringement and assess damages due to us,” Digital Ally CEO Stanton E. Ross stated in the news release.

To view the full press release, visit: http://nnw.fm/8vPmG

About Axon

The Axon network is a network of devices, apps and people that helps law enforcement become smarter and safer. The company’s mission is to protect life. Axon’s technologies give law enforcement the confidence, focus and time they need to keep their communities safe. To date, there are more than 100,000 licensed users from around the world and more than 184,000 lives and countless dollars have been saved with the Axon network of devices, apps and people. Learn more at www.axon.com.

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial applications. The company’s primary focus is digital video imaging and storage. The company is headquartered in Lenexa, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol “DGLY.” For additional news and information please visit www.digitalallyinc.com.

About NetworkNewsBreaks

NetworkNewsBreaks (NNB) provide a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217