If MacroSolve distributed products "at one time which their patents cover and they are now trying to monetize on these patents, I don't have a problem with them bringing the lawsuits, as long as they are meritorious," Iyer added.
Last August, MacroSolve sold its Illume Mobile app developing unit to DecisionPoint Systems for US $1 million in cash and stock. MacroSolve would focus instead on patent enforcement and licensing, company officials said then.
The company filed several patent infringement lawsuits, including some against small developers, in 2011.
The cases against some of the companies, including Facebook, JPMorgan Chase and Marriott, have since been dismissed.