Network-1 sues Samsung for eSIM/5G patent infringement; adopts 10b5-1 plan to buy back up to 1M shares

NETWORK-1 TECHNOLOGIES, INC.

Filed patent infringement suit against Samsung in E.D. Texas over six eSIM/5G patents.
Alleges infringement in Galaxy smartphones, watches, and tablets supporting eSIM/5G.
Patents are part of M2M/IoT portfolio acquired in Dec 2017; terms extend to 2033-34.
Board authorized 10b5-1 plan to repurchase up to 1M shares during two windows starting July 10.

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