Call me Citrix. 01 Communique challenging the Big Whale.
01 Communique Laboratory Inc. (TSXV:ONE) taking on Citrix Systems Inc. (NASDAQ:CTXS) for infringement of intellectual property
Forget the proverbial icebergs with only a tenth of their mass visible above the sea level.
01 Communique Laboratory Inc (TSXV:ONE), a software development company established in 1992, makes me feel like I’m whale watching while sitting in a dingy, looking at the dorsal fins of blue whales and knowing there is much more mass underwater than what we see at the surface.
You can only really see a hundredth of a blue whale from a dingy. The rest is all undersea business that no one gets to see unless something very unique happens.
Such may be the case of 01 Communique.
With over 5000 subscribers, 01 Communique owns an impressive suite of products and services to meet the need of mobile users who have a requirement for remote access, remote support and/or to host online meetings.
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01 Communique offers a suite of remote access services designed for small-medium sized business, mobile professionals and IT service providers. 01’s software as a service offerings are deployed on-demand and include functionality enabling online meetings, remote computing and IT support. 01’s suite of products includes its remote access offering I’m InTouch, its online meeting offering I’m InTouch Meeting and its remote support offering I’m OnCall. 01’s solutions are available worldwide through OEM partners, resellers, and directly to customers via download from its web site.
But what is most attractive to speculators is that 01 is taking Citrix System Inc to court for infringement of intellectual property rights. In February 2006, the Company commenced a lawsuit in the United States District Court, Northern District of Ohio, Eastern Division, against Citrix alleging infringement by their GoToMyPC product line of its US6928479 Patent (http://www.01com.com/pdf/US6928479.pdf).
I consulted the above-mentioned patent and this is where I became a whale-watching enthusiast. The patent describes:
A system, computer product and method for providing a private communication portal at a first computer connected to a network of computers includes a communication facility resident at the first computer, and a second computer including a location facility for locating the current location of the first computer on the network, where the second computer facilitates communication between the first computer and third computer for communication with a first computer and providing the location of the first computer for communication with the third computer.
In short, this is a means for computers to communicate with each other without IP address and which bypasses firewalls. Allegedly, Citrix Systems Inc (www.citrix.com) has infringed on this patent in building its $10.05B US market cap.
Citrix solutions power business mobility through secure, mobile workspaces that provide people with instant access to apps, desktops, data and communications on any device, over any network or cloud.
Here she blows!
01 Communique is seeking damages based upon a reasonable royalty, back to August 2005 the date the patent was issued, for infringement, as well as pre and post judgment interest on awarded damages; treble damages for willful infringement, a permanent injunction and attorneys’ fees.
If 01 Communique wins its lawsuit against Citrix, it will morph very quickly into a leviathan.
Dr. Luc C. Duchesne is a Speaker and Author with a PhD in Biochemistry. With three decades of scientific and business experience, he has published ... <Read more about Dr. Luc Duchesne>