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Apple v. Patent Troll: Exhibit A for Patent Reform

Arlington, VA – February 25, 2015 – 
The following statement is attributed to Gary Shapiro, president and CEO, Consumer Electronics Association (CEA)® in response to today’s jury verdict in Smartflash, LLC v. Apple:

“This case is Exhibit A for patent reform. The patent troll in this case doesn’t produce any products and services, has zero employees and operates from an office across the street from the courthouse in the notoriously troll-friendly Eastern District of Texas. This sort of blatant patent extortion is exactly the reason why Congress needs to act now on patent reform. This is yet another of example of the tsunami of bogus patent claims that drain $1.5 billion a week from the U.S. economy. The only atypical aspect of this case is the defendant – the majority of patent troll victims are small firms without big legal budgets, who can easily be coerced into a settlement.”
 
About the Consumer Technology Assocation

The Consumer Electronics Association (CEA) is the technology trade association representing the $223 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative and regulatory advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES – The Global Stage for Innovation. All profits from CES are reinvested into CEA’s industry services. Find CEA online at CE.org, DeclareInnovation.com and through social media.

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