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Marathon Patent Group Announces That the USPTO Has Denied American Honda Motor Co. Inc.'s Petition for Inter Partes Review of Signal IP, Inc.'s '375 Patent

LOS ANGELES, CA--(Marketwired - Oct 5, 2015) - Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that on September 29, 2015, the Patent Trial and Appeal Board ("PTAB") of the United States Patent and Trademark Office ("USPTO") denied a petition for inter partes review ("IPR"), IPR2015-01003, filed by American Honda Motor Co. Inc. against Marathon subsidiary Signal IP, Inc.'s U.S. Patent No. 5,732,375 ("'375 Patent").

The PTAB ruled: "We determine that Petitioner fails to demonstrate a reasonable likelihood of prevailing on any of the asserted grounds of unpatentability. In consideration of the foregoing, it is hereby: ORDERED that institution of inter partes review is denied as to all challenged claims of U.S. Patent No. 5,732,375."

"We are pleased with the USPTO's decision denying Honda's petition," said Doug Croxall, Founder and CEO of Marathon Patent Group. "This ruling, along with those that have preceded it, continue to demonstrate the value of our proprietary process to assess, value, and acquire high quality patent assets that have the...