... except that the patentee lost. >On 25 July 2008, the U.S. Court of Appeals for the 5th Circuit reversed the lower court's decision and provided that Canon'

... except that the patentee lost. >On 25 July 2008, the U.S. Court of Appeals for the 5th Circuit reversed the lower court's decision and provided that Canon's "irrevocable and perpetual" non-exclusive licence was still enforceable and covers Canon's restructured subsidiary SED.[23] On 2 December 2008, Applied Nanotech dropped the lawsuit, stating that continuing the lawsuit "would probably be a futile effort".[17] >In spite of their legal success, Canon announced at the same time that the financial crisis of 2008 was making introduction of the sets far from certain, going so far as to say they would not be launching the product at that time "because people would laugh at them".[