Patent case settled in 20 months...
posted on
Apr 18, 2008 06:56AM
Note time frames and venue....
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Winning Edge Settles Lawsuit with Preferred Picks and Don Best Sports SUFFERN, N.Y.--(BUSINESS WIRE)--General Patent Corporation International (GPCI), a leading patent licensing and enforcement firm, announced today on behalf of its client, Winning Edge International, formerly known as GWIN, that Winning Edge has settled its patent infringement lawsuit against Preferred Picks Publications, Inc. a/k/a Playbook Enterprises of Weston, FL and Corcom, Inc. d/b/a Don Best Sports of Las Vegas, NV.
“We are pleased to have reached settlements with Preferred Picks and Don Best Sports,” said Paul Lerner, GPCI’s Sr. Vice President and General Counsel. He continued, “We look forward to licensing the rest of the defendants in the lawsuit.” Winning Edge owns U.S. Patent No. 6,260,019 titled “Web-Based Prediction Marketplace”. The patented method and apparatus pertain to the on-line prediction of future events. Winning Edge is a wholly owned subsidiary of Betbrokers Ltd., a publicly traded company on the AIM Exchange in the United Kingdom (BETB:AIM). “Winning Edge and our parent company Betbrokers Ltd. are pleased to have reached these first legal settlements,” said Wayne Root, CEO of Winning Edge, “and we look forward to announcing licensing agreements with other companies in the business of predicting the outcomes of events online.” GPCI represents Winning Edge in the licensing and enforcement of the Patent. A non-exclusive license under the Patent is available on reasonable and non-discriminatory terms. For licensing terms, please contact Paul Lerner at (845) 368-4000 x104. Winning Edge is represented by the law firm of DiNovo Price Ellwanger LLP, a patent litigation boutique in Austin, TX. |