US court finds Card Activation patent valid
Card Activation Technologies (BULLETIN BOARD: CDVT) , owners of a patent covering a method for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, announced today that the United States District Court for the Northern District of Illinois ruled that Card Activation's Patent, U.S. Patent Number 6,032,859, is valid.
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The court issued its ruling in response to a motion to declare the patent invalid that was filed by Barnes & Noble Inc. (NYSE:BKS) and Aeropostale Inc. (NYSE:ARO) .