Document Security Systems’ (DSS) Motions Hearing in Coupons.com Case Rescheduled
ROCHESTER, N.Y., July 13, 2012 /PRNewswire/ — Document Security Systems, Inc. (NYSE MKT: DSS; “DSS”), a leading developer and integrator of cloud computing data security, Radio Frequency Identification (“RFID”) systems and security printing technologies which prevent counterfeiting, product diversion and brand fraud, announced today it has been informed by the United States District Court for the Western District of New York that the previously scheduled motions hearing in connection with the company’s pending litigation matter involving Coupons.com has been moved up from October 9th, 2012 to August 16th, 2012.
In October 2011, DSS filed a law suit against Coupons.com alleging that Coupons.com misappropriated DSS trade secrets and breached confidentiality agreements with DSS. The suit involves DSS’s proprietary digital copy protection technology; DSS contends that this technology has been utilized by Coupons.com on billions of internet generated coupons.
About DSS (Document Security Systems, Inc.):
DSS provides counterfeit prevention, RFID tracking and comprehensive brand and digital information protection solutions to corporations, governments, and financial institutions around the world. DSS develops and manufactures secure printed products such as labels, packaging, ID Cards, RFID Cards and tags and documents using their AuthentiGuard line of patented optical deterrent and authentication technologies. The company also provides cloud computing security services, provides disaster recovery backup, writes custom software solutions, and integrates track and trace technologies.
For more information on DSS and its subsidiaries, please visit DSSsecure.com.
DSS is comprised of four operating units:
DSS Plastics Group – Custom RFID and Plastic ID Card Solutions (Brisbane, CA) PH: 1-415-585-9600
DSS Packaging Group – Commercial and Secure Packaging Manufacturing (Victor, NY) PH: 585-924-8460
DSS Printing Group – Commercial and Security Printing Manufacturing (Rochester, NY) PH: 585-341-3100
DSS Digital Group – Cloud Computing Services and Secure Digital/Internet Documents (Rochester, NY) PH: 585-746-6958
For more information on DSS and its subsidiaries, please visit DSSsecure.com.
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Safe Harbor Statement
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. These forward-looking statements include, but are not limited to, statements regarding expectations for future financial performance, potential sales from new and existing customers, expected benefits from the Company’s cost cutting efforts and/or statements preceded by, followed by or that include the words “believes,” “could,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “projects,” “seeks,” or similar expressions, all of which involve uncertainty and risk. Many of these risks and uncertainties are discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the Securities and Exchange Commission (the “SEC”), and in any subsequent reports filed with the SEC, all of which are available at the SEC’s website at www.sec.gov. It is possible the company’s future financial performance may differ from expectations due to a variety of factors including, but not limited to, the risks referred to above, and changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill revenue expectations, consolidation among its competitors and customers, technology advancements, unexpected costs and charges, adequate funding for plans, changes in interest and foreign exchange rates, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement.
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