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Best Buy, The Gap Can't Invalidate Gift Card Patent Claims

Law360, New York (May 3, 2013, 10:50 PM EDT) -- Retail giants including Best Buy Co. Inc. and The Gap Inc. suffered a blow Friday when a Texas federal jury refused to invalidate claims in patents covering gift card technology that the retailers are accused of infringing. 

The jury found in favor of Texas-based Alexsam Inc., finding that the defendants had not shown that its asserted claims of U.S. Patent Numbers 6,000,608 and 6,189,787 were invalid as anticipated, according to a copy of the verdict. The ‘608 patent, entitled "Multifunction card system," covers technology relating to cards that can could be used for purposes including prepaid phone cards and electronic gift...

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