RECENT LEGAL DEVELOPMENTS & PATENT EVENTS AFFECTING CORPORATE VALUATIONS Daniel B. Ravicher, Esq.

1375 Broadway, Suite 600 New York, NY 10018 www.ravicher.com (646) 470-2641 dan@ravicher.com

RECENT LEGAL DEVELOPMENTS

IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com

Patent Eligibility Validity Infringement Damages Injunction America Invents Act (AIA) SHIELD Act

IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com

PATENT EVENTS AFFECTING CORPORATE VALUATIONS

IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com

Technology ASUR Patent Office accepts request to review company's widely asserted patent related to JPEG digital imaging format. RMBS Appeals Court issues split decision in RMBS MU cases asserting memory chip patents against MU and Hynix. IDCC Company with revenues based solely on licensing wireless network patents announces it is exploring possible sale. AAPL Jury issues verdict finding AAPL patents infringed by Samsung, awards $1.05B. AAPL Judge vacates Samsung jury verdict by 40%, orders new trial.
IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

02/02/06

-40%

05/13/11

-24% -2% +79%

07/18/11

08/24/12 03/01/13

+2% -4%

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com

Healthcare AZN MYL District Court upholds AZN Crestor patent against potential generic manufacturers MYL, TEVA, PRX, WPI, etc. TEVA District Court rules in favor of TEVA and MNTA against MNTA in case involving potential generic Copaxone MS drug. SNTS Appeals Court partially reverses lower court PRX invalidation of SNTS patents on Zegrid heartburn drug in suit against PRX. 06/29/10 +9% -2% +5% -22% +15% 0%

06/25/12

09/05/12

IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com

Other Sectors TIVO DISH TIVO DISH MGI WU CIGX RAI Appeals Court rules for TIVO in its case asserting patent on time warping system against Echostar and DISH. Appeals Court recalls March 4, 2010 decision in TIVO's favor and decides to rehear case en banc. Appeals Court reverses lower court finding of infringement by MGI on WU patent related to money transfer systems. Appeals Court upholds trial court loss on patent relating to low-tar cigarettes asserted against RAI's R.J. Reynolds. 03/04/10 +62% -5% -42% +5% +6% 0% -40% +1%

05/14/10

12/07/10

08/26/11

IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com

Thank you. Comments and Questions, Please.

IP INVESTMENT CONFERENCE, April 4, 2013 Recent Legal Developments & Patent Events Affecting Corporate Valuations

Daniel B. Ravicher, Esq. (646) 470-2641 dan@ravicher.com