U.S. District Court Stays Antitrust Trial and Allows for Immediate Appeal of Summary Judgment Rulings Against IGT in Patent Infringement Case With Bally
RENO, Nev., Oct. 28 /PRNewswire-FirstCall/ -- In a pretrial conference on
October 22, 2008, Judge Robert C. Jones of the U.S. District Court for the
District of Nevada indicated that he intends to stay the proceedings and
certify his summary judgment rulings for immediate appeal in the pending
patent infringement case between International Game Technology (NYSE: IGT) and
Bally Technologies, Inc. The trial date of November 4, 2008, on Bally's
antitrust counterclaims against IGT has been vacated.
"The Court recognized it would be fundamentally unfair to make IGT defend
the antitrust counterclaims following the Court's issuance of what it called
'just a tentative ruling... tentative because it's from me and not from the
appellate court.' Therefore, the Court decided to stay the proceedings and
vacate the trial date," said Dave Johnson, IGT's Executive Vice President and
General Counsel.
The IGT Wheel/Bally iView case involves patents covering bonus wheel
gaming machines and certain features of player tracking systems. In the
summary judgment rulings issued on October 16, 2008, certain of IGT's patents
had been found invalid and/or not infringed. These rulings and an earlier
order relating to interpretation of terms and phrases defining the inventions
are the matters being certified for an immediate appeal by IGT.
"Judge Jones indicated that a review of his decisions by a specialized
patent court in Washington, D.C., the Federal Circuit Court of Appeals, 'will
help resolve the dispute,' and that the parties 'need a final ruling so that
[they] can conclude the trial and litigation.' The Federal Circuit will
review these recent decisions and the earlier Markman ruling de novo or as if
they were being presented for the first time," said Johnson. "IGT looks
forward to this appeal and remains very confident in its case."
IGT (www.IGT.com) is a global company specializing in the design,
development, manufacturing, distribution and sales of computerized gaming
machines and systems products.
Statements in this release, which are not historical facts, are "forward
looking" statements under the Private Securities Litigation Reform Act of
1995. Although IGT believes that the expectations reflected in any of its
forward-looking statements are reasonable, actual results could differ
materially from those projected or assumed. IGT's future financial condition
and results of operations, as well as any forward-looking statements, are
subject to change and to inherent known and unknown risks and uncertainties.
IGT does not intend, and undertakes no obligation, to update forward-looking
statements to reflect future events or circumstances.
Information on risks and factors that could affect IGT's business and
financial results are included in our public filings made with the Securities
and Exchange Commission.
SOURCE International Game Technology
CONTACT: Patrick Cavanaugh, Investor Relations of International Game
Technology, 1-866-296-4232
Web Site: http://www.igt.com