Reply #8: "Make it so, Number Two." [View All]

[KamaAina]

http://www.iht.com/articles/2006/02/02/business/RIM.php?rss

A preliminary ruling by the U.S. patent office further undermined legal claims by a company that has sought to shut the BlackBerry wireless e-mail device in the United States.

Research In Motion, the Canadian maker of the BlackBerry, said the decision on Wednesday meant that the patent office had twice rejected all five patents controlled by NTP that are related to BlackBerry litigation.

NTP is an intellectual property company based in Arlington, Virginia.

Shares of Research in Motion, which is based in Waterloo, Ontario, rose $6.08 Wednesday, or 9 percent, to close at $73.61 on the Nasdaq market.

As nearly as I ca tell, an "intellectual property company" is an outfit that buys up other people's patents and "creates wealth" with them by employing them in court cases such as this.