It is not our policy to comment on the details of ongoing litigation," stated Eric Meyerhofer, CEO/CTO of FutureLogic. "Patent lawsuits by their nature are complex, and there are many phases to this case. The preliminary injunction sought by TransAct was the first of these phases, and TransAct’s request was not granted. Therefore, the status quo that existed prior to the filing of this lawsuit has not changed. The determination of this case in its totality will be made by a judge and jury and not by way of press statements.”
“FutureLogic will not try this case in the media, nor will we use this litigation as a means to affect competition in the marketplace. Instead, we will continue to compete in the marketplace based on the merits of our products," he concluded.