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Smith Micro Software rises on patent receipt

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Shares of Smith Micro Software, Inc. (Nasdaq:SMSI) are rising on news before the opening that it has been granted a patent by the U.S. Patent and Trademark Office. The Aliso Viejo-based company has developed a technology that enables management of computer systems from handheld mobile devices.

At 2:36 p.m. ET, the stock had climbed $0.80, or 12%, to $7.28. For detailed price information and recent news stories about Smith Micro Software, click SMSI.