General Patent Licenses ACT Patents to Jet Lithocolor and Several Other Companies
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.
SUFFERN, NY (PRWEB) March 9, 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 two lawsuits related to these patents.
About Advanced Card Technologies LLC
Advanced Card Technologies (ACT) of Suffern, NY is the owner of U.S. Patent Nos. 5,720,158 entitled "Information Card Package" and 5,921,584 entitled "Card Display Package". A non-exclusive license under these patents is available. For licensing terms, contact Kathlene Ingham at (845) 368-4000, x107.
About General Patent Corporation International
General Patent Corporation International (GPCI) is a premier IP licensing and enforcement firm headquartered in Suffern, NY. GPCI represents clients in assertive licensing and intellectual property enforcement on a contingency basis. GPCI is the oldest such organization in the US. For more information on GPCI visit www.patentclaim.com.
General Patent Corporation (GPC), an affiliate of GPCI, is a leading intellectual property management firm. GPC provides IP analysis and strategy, IP audit and valuation, IP portfolio mining and management, and technology transfer services to domestic and foreign businesses, universities, research institutions and individual inventors. For more information on GPC visit www.generalpatent.com.
IP Holdings LLC, another affiliate of GPCI, is an idea incubator and an IP-centric merchant banking organization. For more information on IP Holdings visit www.ip-holdings.com
For further information on ACT, GPCI, GPC and IP Holdings contact General Patent Corporation, Montebello Park, 75 Montebello Road, Suffern, NY 10901-3740; telephone: (845) 368-4000.
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