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NEW YORK--(BUSINESS WIRE)--Jan. 24, 2002--FINDWHAT.COM (NASDAQ: FWHT - news), a leading developer and marketer of performance-based advertising services for the Internet, featuring the FindWhat.com pay-for-performance search engine, today announced that it is seeking a declaration in Federal Court that U.S. Patent No. 6,269,361, held by Overture Services, Inc., is invalid and unenforceable, and that FindWhat.com does not infringe on this patent.
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Full-Text of Overture Patent [patft.uspto.gov]
FindWhat.com, the first pay-for-performance search engine to show a profit and the clear second- ranked company in the performance-based search engine sector, has retained the law firm of Baker Botts to challenge Overture's patent in the District Court for the Southern District of New York. This patent was issued to GoTo.com (now Overture Services) on July 31, 2001.
I don't understand how it took FindWhat.com so long to 'issue a protest' about this?
And if the court agrees that the patent is unenforceable, is it going to be a free-for-all for pay to play search sites?
Yup, the important pieces anyway. Amazon has the patent on "one-click shopping [google.com]." Defending the patent can be something else entirely. I expect that Findwhat has heard rumblings of an Overture lawsuit coming and is making a preemptive move.
I think so. But the question for Overture is do we go to court and fight, run up lots of bills and risk having a bad quarter? Overture with the name game and lots of press really seems to be playing the stock price game.
Or, do we work something out with FindWhat? I think FW is counting on Overture's fear of Wall Street. FW doesn't have anything to lose by trying. Am I stating the obvious?
With that said, I didn't see Overture suing FW, but visa versa..to me that's a reach for some publicity... You know, "Good Publicity" or "Bad Publicity" is PUBLICITY. :-)
I just like it cause FW I like to see cool marketing tricks.
Hope we don't have any of the FW people reading this!
-Spinner
Brett, I have some money, wanna patent a "Webmaster Related Forum"?? Could be fun..LOL
There use to be an IBM server that enabled you to search and read patents of all kinds, anyone know it?