Patent Infringement Claim
June 23 2003 - 11:46AM
UK Regulatory
RNS Number:6641M
Royalblue Group PLC
23 June 2003
royalblue, the leading supplier of global financial trading software, notes the
announcement released earlier today by Lava Trading Inc. that it has filed a
patent infringement claim in the United States in respect of the business
process of ECN consolidation. The patent relates to the concept of displaying
prices from more than one source (ECN) on a single screen. Accordingly, this is
only relevant to a small element of the royalblue product suite.
royalblue, having taken legal advice, believes that the lawsuit is without merit
and will be defending it vigorously.
Enquiries:
Chris Aspinwall, Chief Executive
Andy Malpass, Finance Director
Tel: 01483 206300 Fax: 01483 206301
This information is provided by RNS
The company news service from the London Stock Exchange
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