Press Release

CPF Statement Regarding Introduction of the SHIELD Act

WASHINGTON, D.C. – The Coalition for Patent Fairness (CPF) is pleased to support HR 845, the bipartisan SHIELD Act (“Saving High Tech Innovators from Egregious Legal Disputes Act of 2013”), sponsored by Congressmen Peter DeFazio and Jason Chaffetz. Members of CPF believe that America’s patent system needs to be updated, and introduction of the SHIELD Act is a step in the right direction.

For too long, patent assertion entities (PAEs), commonly referred to as “patent trolls,” have taken advantage of our litigation system to seek quick profits from bad patents. The SHIELD Act will restore the proper financial accountability by removing the incentives from filing unnecessary, abusive and burdensome litigation. Quite simply, patent trolls can't have a free roll of the dice, and SHIELD would help to ensure that they do not.

This common-sense reform will strengthen the U.S. patent system by allowing independent inventors to seek their rewards through our judicial system while curbing the patent abuse from patent profiteers. America’s innovative businesses deserve a chance to flourish; as one of several needed updates to the patent system, SHIELD will help to provide that chance.

The Coalition for Patent Fairness and the companies and industry associations within our membership look forward to working with Congress on this important legislation.

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The Coalition for Patent Fairness is a diverse group of companies and industry associations dedicated to enhancing U.S. innovation, job creation, and competitiveness in the global market by modernizing and strengthening our nation’s patent system.

Adobe
San Jose, CA

Cisco Systems
San Jose, CA

Dell
Round Rock, TX

Google Inc
Mountain View, CA

Intel Corporation
Santa Clara, CA

Intuit
Mountain View, CA

Oracle
Redwood Shores, CA

Rackspace
Austin, TX

BlackBerry
Dallas, TX

SAP America, Inc.
Newtown Square, PA

Verizon Communications Inc.
New York, NY

Contact: Kate Connors, Kate.Connors@StoryPartnersDC.org

For more information, visit http://www.patentfairness.org.

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