Acacia Subsidiary Enters into Settlement
Agreement Regarding Credit Card Fraud
Protection Technology with Shoe Carnival
April 01, 2010 06:03 AM Eastern Daylight Time
NEWPORT BEACH, Calif.--(EON: Enhanced Online News)--Acacia Research Corporation (Nasdaq:ACTG)
announced today that its Financial Systems Innovation LLC subsidiary has entered into a settlement agreement
covering a patent that applies to credit card fraud protection technology with Shoe Carnival, Inc. This resolves a
dispute that was pending before the United States District Court for the Northern District of Georgia concerning
Shoe Carnival, Inc.
The expired patent asserted in this litigation generally relates to a computerized system for protecting retailers and
consumers engaged in credit card, check card, and debit transactions. The system includes an electronic card
reader, and the generation and use of a transaction number, which specifically identifies each transaction processed
within the system.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and
share the revenue. Acacia Research’s subsidiaries control over 140 patent portfolios, covering technologies used in a
wide variety of industries.
Information about Acacia Research is available at www.acaciatechnologies.com and www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This news release may contain forward-looking statements within the meaning of the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995.Such statements are based upon our
current expectations and speak only as of the date hereof.Our actual results may differ materially and
adversely from those expressed in any forward-looking statements as a result of various factors and
uncertainties, including the recent economic slowdown affecting technology companies, our ability to
successfully develop products, rapid technolog