DALLAS, May 28, 2014 (GLOBE NEWSWIRE) -- Blue Calypso, Inc. (OTCBB:BCYP), developer of digital innovation products, services and intellectual property, today noted two recent developments, one, an announcement by the United States Senate and the other, a decision by the United States Supreme Court, that strengthen the position of legitimate patent and copyright holders.
Yesterday, Senate Judiciary Committee Chairman Patrick Leahy (D-Vermont) removed the patent reform bill from the committee's calendar. Senator Leahy cited the lack of broad bipartisan support for the bill, and also stated that many of the proposals would overly burden "legitimate patent holders who employ thousands of Americans".
On May 19, 2014, The Supreme Court held that the defense of laches does not bar relief on a copyright infringement claim brought within the three-year statute of limitations period.
Bill Ogle, Chief Executive Officer of Blue Calypso, stated," It is reassuring to see the Federal Government take steps to support companies and individuals who own patents and copyrights. As a company that has created its own Intellectual Property and is defending it against infringers, we are pleased to see both the Legislative and Judicial branches of the Federal Government take separate steps to reinforce the rights of holders and creators of innovative technologies."
Ogle further stated, "We fully support various proposals that would curtail frivolous lawsuits, many by companies that buy patents from other creators for the sole purpose of suing others. Blue Calypso will continue to develop Intellectual Property for use in its business offerings to clients and will vigorously defend its IP against companies that infringe."
About Blue Calypso, Inc.
Blue Calypso, Inc. (OTCBB:BCYP) develops digital innovation products and services for the social media marketplace using its patented IP portfolio. The company enables businesses to employ digital advertising to share and socialize brand content as well as track performance, monitor engagements and gather robust analytics – all at lower costs than traditional marketing. Already, Blue Calypso has attracted a handful of large, well-known consumer facing companies in automotive, retail, travel and consumer goods. Blue Calypso licenses its IP in addition to offering digital innovation services through Blue Calypso Labs and solutions including POPSHARE™, SocialEcho™, EMGAGE™, DashTAGG®, and MobileADvantage™. For more about the company please visit www.bluecalypso.com.
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Source: Blue Calypso