ARLINGTON, Va.--(BUSINESS WIRE)--Apr. 10, 2012--
Rosetta
Stone Inc. (NYSE:RST), a leading provider of technology-based
language-learning solutions, yesterday received a positive ruling in
support of its 2009 suit against Google alleging the Internet search
giant allowed third parties, including counterfeiters, to use Rosetta
Stone's trademark for online advertisements without permission. The
April 9th ruling by the United States Court of Appeals for the Fourth
Circuit reverses a 2010 dismissal by the U.S. District
Court for the Eastern District of Virginia.
“We are pleased with the U.S. Court of Appeals’ opinion,” said Rosetta
Stone President & CEO Stephen Swad. “We believe that the unauthorized
sale of our trademarks to third parties, including counterfeiters, is
wrong as it harms and confuses American consumers and infringes upon and
dilutes Rosetta Stone’s trademarks. We are confident that we will
ultimately prevail in this case.”
Rosetta Stone company statement:
Rosetta Stone greatly appreciates today's opinion by the United States
Court of Appeals for the Fourth Circuit. Rosetta Stone is deeply
concerned about trademark infringement, including the rampant problem of
online counterfeiters engaging in theft of intellectual property and
confusing consumers regarding the products being offered for sale.
Today's important decision by the Fourth Circuit allows Rosetta Stone's
efforts against such infringement to proceed. We look forward to further
proceedings in this matter.
To report piracy of Rosetta Stone products or inquire about the
legitimacy of Rosetta Stone products, consumers can e-mail piracy@RosettaStone.com.
About Rosetta Stone Inc.
Rosetta Stone Inc. provides interactive solutions and cutting-edge
technology that is changing the way the world learns languages. Rosetta
Stone’s proprietary learning techniques are acclaimed for the power to
unlock the natural language-learning ability in everyone. The company
offers 30 languages, from the most commonly spoken, like English,
Mandarin and Spanish, to the less widely used, like Swahili and Tagalog.
Rosetta Stone solutions are used by schools, businesses, global
organizations, and millions of individuals in more than 150 countries
throughout the world. The company was founded in 1992 on the core
beliefs that learning a language should be natural and instinctive and
that interactive technology can replicate and activate the immersion
method powerfully for learners of any age. The company is based in
Arlington, VA. For more information, visit RosettaStone.com.
"Rosetta Stone" is a registered trademark of Rosetta Stone Ltd.
Source: Rosetta Stone Inc.
Rosetta Stone Inc.
Media Contact:
Miranda Harper,
212-715-1641
Miranda@finnpartners.com
or
Investor
Contact:
Steve Somers, CFA, 703-387-5876
ssomers@rosettastone.com
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