Case 1:17-cv-02097-RBJ Document 308-9 Filed 08/13/21 USDC Colorado Page 1 of 2
`Case 1:17-cv-02097-RBJ Document 308-9 Filed 08/13/21 USDC Colorado Page1 of 2
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` EXHIBIT 7
`EXHIBIT 7
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`Case 1:17-cv-02097-RBJ Document 308-9 Filed 08/13/21 USDC Colorado Page 2 of 2
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`Solas OLED Wins Patent Infringement Lawsuit Against Samsung
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`March 08, 2021 06:04 PM Eastern Standard Time
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`DUBLIN--(BUSINESS WIRE)--The following is a statement from Solas OLED Ltd.
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`Solas OLED Ltd. (“Solas”), an Irish company that specializes in patented OLED technologies, today announced that a jury
`in the U.S. District Court for the Eastern District of Texas has found Samsung Display Co., Ltd., Samsung Electronics Co.,
`Ltd., and Samsung Electronics America, Inc. (collectively “Samsung”) liable to Solas for wilfully infringing two Solas
`patents, U.S. patent numbers 7,446,338 and 9,256,311. The inventions claimed in these patents are fundamental to OLED
`displays and are required for AMOLEDs to function; and were or are used prolifically by Samsung in the OLED displays of
`Galaxy S and Galaxy Note smartphones. After a five-day trial, the jury awarded Solas $62,738,543 in damages for
`infringement of the two patents. Solas also has cases pending against Samsung before the International Trade
`Commission and against Samsung Electronics GmbH in the Düsseldorf District Court in Germany.
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`Gerald Padian, co-founder and Director of Solas, commented: “For too long, the behemoth that is Samsung has played the
`game of double standards – taking and using the patented technologies of others without paying, while at the same time
`constructing the world’s largest patent portfolio behind which they hide their billions of dollars. Just like you cannot walk out
`of a Samsung store with a Galaxy phone without paying for it, Samsung cannot walk away with Solas’ property without
`paying for it. Thankfully, the Courts and juries are a great leveller. When we, the founders of Solas, had an operating
`company, we lived through the frustration and devastation of big companies stealing our inventions. As a result, when we
`now acquire patents, we do not just acquire the ribboned documents and the rights that come with them, we acquire the
`stories behind the inventions; the blood, sweat and tears that built the inventions; and, the responsibility to vindicate the
`undertakings of the inventors. We are humbled that a jury of our peers recognised the efforts and ingenuity of the inventors
`of the patents-in-suit, grateful to the Court and the jurors for their service; thrilled for the inventors; and, incredibly proud of
`the years of work and dedication of our own team to make this happen. Thanks to our team and our counsel Russ August
`& Kabat and Ward, Smith & Hill, for their hard work.”
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`About Solas OLED Ltd.
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`Solas, established in 2016 and based in Dublin, Ireland, is an OLED technology licensing company. The Solas patent
`portfolio covers key areas of OLED structures, display design and architecture, and driver circuitry; and is one of the most
`important and comprehensive OLED patent portfolios.
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`Please visit www.solasoled.com
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`Contacts
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