We continue to give you the latest information on the Psion versus Dell and Intel saga. In episode three, Psion counter attacks and surprisingly demands $1.2 Billion from Intel. Psion Teklogix has filled a counterclaim against Intel in response to the chip giant's attempt to get the Netbook trademark freed from legal responsibilities. Part of the complaint, filed with the US District Court for Northern California, says:

Intel has acted willfully and maliciously, has unlawfully attempted to trade on the tremendous commercial value, reputation and goodwill of the Netbook mark, and has deliberately and intentionally confused and deceived the public as to an affiliation, connection or association of Intel with Psion, and/or as to the origin, sponsorship or approval of Intel's goods and/or services,

checkmate

Here's a quick reminder before going straight to the story. Recently both Intel and Dell filed petitions asking for the cancellation of Psion Teklogix' "Netbook" trademark. Both manufacturers said they need the "Netbook" term liberated from any trademark responsibility, so they can use it as unified term for new class of ultra-portable laptop computers designed for use on the go. Currently makers like Dell, ASUSTeK, Hewlett-Packard, Acer, Lenovo, LG Electronics, Samsung, MSI, GIGABYTE and many others sell products branded as netbooks. Today Psion responded to the legal accusations, by sending an official response to the public. The full statement, because too big, will appear after you click on the read full story marker.