Dallas, Texas 02/14/2014 (FINANCIALSTRENDS) – Document Security Systems, Inc. (NYSEMKT:DSS) is the Korean technology company which extends digital protection to documents held by various companies. One of the better known companies with a host of patents, DSS has since the merger with Lexington Technology Group of LTG has since acquired a patent enforcement business.
Currently, Document Security Systems, Inc. (NYSEMKT:DSS) is at logger heads with Coupons.com which has used proprietary technology developed by DSS on its online coupons. The technology is question is the digital copy protection patented technology.
Document Security Systems, Inc. (NYSEMKT:DSS) has in a suit brought on record that Coupons.com had breached the proprietary technology and knowingly used the breached technology in its businesses. DSS now claims $240 to $300 in claim settlement, considering the range of loss this document protection company has experienced, given the long-drawn misuse by Coupons.com. The events under review were perpetuated back in 2006.
Document Security Systems, Inc. (NYSEMKT:DSS) is also in litigation over watermarks on documents belonging to LinkedIn, Facebook besides other enterprises.
However, for Document Security Systems, Inc. (NYSEMKT:DSS) the most high-profile issue has been the Alice vs CLS Bank. As the judge of the social networking suit, Susan Illston chose to keep the case pending until the supreme court returned a verdict on the Alice Vs CLS Bank, DSS has seen a slide of over 40% on the stock market.
Document Security Systems, Inc (NYSEMKT:DSS) is however a long term growth stock. this is largely because of the superior quality of technology patents it currently holds and its likely move to higher generations of technology solutions in this niche.
Given the number of technology companies of the likes of Marathon, Vringo or VirnetX, which crawl cyber space to troll technology patents, DSS has higher value on the pure strength of the patents it holds.