Nature of the Case. Suit by Java Technology developer and licensor Sun Microsystems against software giant Microsoft, alleging that Microsoft has violated its Java licensing agreement with Sun.
MICR is an acronym for Magnetic Ink Character Recognition; it refers to the formulation of toner used to print the specialized font at the bottom of checks and other negotiable documents. Unlike regular laser toner, MICR toner contains iron oxide, which is required by the Federal Reserve to make the check-clearing process more efficient.
The checks are then sorted based on the MICR line information.
Checks are usually sorted multiple times and then sent to internal holding, clearing houses, the Federal Reserve, or other destinations. Misread or unreadable MICR lines are repaired at this stage and the repair process adds costs and delays for the financial institution.
These costs are often passed to the company that printed the check. Checks drawn on other institutions are dispatched to other clearing agencies for further processing.
Checks must withstand multiple passes through the equipment and the MICR line must remain durable and legible. Our solution includes extensive security features, MICR fonts and toners all designed to optimize the performance of our printers.
Decades of research, development and testing have been put into our products resulting in a solution that produces secure MICR documents of the highest quality using blank check stock.Find Sun Microsystems in Broomfield with Address, Phone number from Yahoo US Local.
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At issue is whether Microsoft has violated its Java license agreement with Sun Microsystems, and whether Microsoft has otherwise engaged in breach of contract, false advertising, trademark infringement, unfair competition, or interference with economic advantage.
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