News

General Patent's Client ACT and SSI Technologies Settle Patent Litigation with Travel Tags

SUFFERN, NY, June 28, 2006 - General Patent Corporation International (GPCI), a leading patent licensing and enforcement company headquartered in Suffern, NY, its client Advanced Card Technologies LLC (ACT), SSI Technologies (SSI) and Travel Tags, Inc. today announced that they have settled their longstanding patent infringement lawsuit.

The case, originally filed in July 2002 in the Western District of Oklahoma (#CV-02-981), involved the alleged infringement of ACT’s U.S. Patent Nos. 5,720,158 and 5,921,584 (Patents) by breakaway card products bearing magnetic stripes, such as phone cards and gift cards. As part of the settlement, Travel Tags obtained a release of all claims in favor of its customers who purchased through Travel Tags, and also took a license under the Patents at ACT’s standard royalty rate.

Ryan Schreier, VP of Sales at Travel Tags, stated, "I am very pleased to announce the situation has been amicably resolved. This will certainly benefit Travel Tags' current and future clients."

General Patent Licenses ACT Patents to Jet Lithocolor and Several Other Companies

SUFFERN, NY, March 7, 2007 - Advanced Card Technologies LLC (ACT) has recently licensed its patents related to phone and gift cards to Jet Lithocolor, a commercial printer headquartered in Downers Grove, IL. General Patent Corporation International (GPCI), a leading patent licensing and enforcement firm headquartered in Suffern, New York, represented ACT in this transaction.

Other companies that have recently licensed the ACT patents include CPI Card Group of Littleton, CO and Las Vegas, NV; The Electric Colourfast Printing Co. of Ontario, Canada; Diamond Graphics of St. Louis Park, MN; Teraco, Inc. of Midland, TX; Trivista Plastics of Naperville, IL; Performance Printing of Dallas, TX; and Proteus Printing of Hiawatha, IA.

"We were pleased to extend licenses to Jet Litho and the other licensees," said Kathlene Ingham, GPCI's Director of Licensing, "and we look forward to licensing the remaining companies in the industry."

ACT's U.S. Patent Nos. 5,720,158 and 5,921,584 generally relate to gift, loyalty and phone cards with magnetic stripes that are connected to and detachable from a carrier. GPCI has successfully represented ACT in 16 licensing transactions and 2 lawsuits related to these patents.

About Advanced Card Technologies LLC

Advanced Card Technologies Settles Patent Lawsuit with UV Color and Licenses its Patents to Several Other Companies

General Patent Represented Advanced Card Technologies in These Transactions

SUFFERN, NY, November 28, 2007 - Advanced Card Technologies LLC (ACT) announced today that it has settled its patent infringement lawsuit against UV Color, a plastic card manufacturer located in Minneapolis, MN, and licensed its patents to several other companies in the plastic card industry. General Patent Corporation International (GPCI), a leading patent licensing and enforcement firm headquartered in Suffern, New York, represented ACT in the licensing transactions.

The lawsuit, originally filed in September 2006 in the Western District of Oklahoma (5:06 CV 957), alleged infringement of ACT's U.S. Patent Nos. 5,720,158 and 5,921,584 (Patents) by breakaway plastic card products bearing magnetic stripes, such as phone cards and gift cards. As part of the settlement, UV Color and its sister companies, Plastag Corporation and Lucas Color Card, took a license under the Patents.

General Patent Licenses ACT Patents to Bristol ID and Plastek Cards

SUFFERN, N.Y., March 25, 2008 - General Patent Corporation (GPC), a leading patent licensing and enforcement firm headquartered in Suffern, New York, announced today that it has recently licensed the patents of its client, Advanced Card Technologies LLC (ACT), to Bristol ID Technologies of Lima, NY and Plastek Cards, Inc. of Fort Wayne, IN. GPC represented ACT in these transactions.

"We have now licensed 25 companies for ACT," said Kathlene Ingham, GPC's Director of Licensing, "and we are gratified with our successes to date."

ACT's U.S. Patent Nos. 5,720,158 and 5,921,584 generally relate to gift, loyalty and phone cards, as well as other card products that fall within the scope of the patents.

GPC has also successfully represented ACT in four lawsuits related to these patents.

About Advanced Card Technologies LLC