NEW YORK--(BUSINESS WIRE)--inovia, the leading foreign patent filing provider, today announced that it has settled a patent infringement dispute with IP Monitor Pty Ltd, the operator of a foreign patent filing platform. The parties came to a mutually acceptable resolution on September 9, 2014.
As a part of the resolution of this dispute, IP Monitor Pty Ltd agreed to shut down any foreign filing platform which infringes inovia’s patents and published a statement on its website acknowledging the infringement. In light of the fact that IP Monitor Pty Ltd was unaware of the breadth of inovia’s patent portfolio, inovia agreed to refrain from seeking damages for infringement.
“inovia has spent the past 12 years and tens of millions of dollars building a business around our patented foreign filing technology. We will not tolerate patent infringement from competitors.” Justin Simpson, founder of inovia said.
“We think we have the best systems available, and love sharing them with other IP service providers via our licensing and integration programs. However, we have over 50 patents and patent applications around the world, focusing on various aspects of our foreign filing platform - and we are prepared to enforce our intellectual property against any company who violates those patents.”
Details of inovia’s patent portfolio can be found here.
inovia is the global leader in foreign patent filing, having served more than 1,500 clients. Its global instruction platform, inovia.com, simplifies the PCT national stage entry, direct (Paris Convention) filing and European validation processes. inovia, a member of the RWS Group, has headquarters in New York, offices in London, Munich and Sydney, and agents covering over 130 countries, providing support in all major time zones and IP jurisdictions. inovia's patented technology pioneered online foreign filing and is recognized amongst WIPO's most notable inventions. For more information visit www.inovia.com and follow the company on Twitter @inoviaIP.