The report highlights comments from Brad Smith, General Counsel of Microsoft, and Sanjay Prasad, Chief Patent Counsel at Oracle, both calling for patent reform.
CNet News writes:
Smith's comments, directed at the dozens of congressional staffers in the audience, represented Microsoft's latest critique of a patent system that has caused it to spend $100 million a year defending itself against 35 to 40 lawsuits at any one time. . . .Prior post: ACT Intellectual Property and Technology Summit (Apr. 23, 2005).
[Prasad] said that courts have been awarding damages for infringement that are out of line with the patent's real value.
Update: More at eWeek and Wexelblat at Copyfight.