METDAQ Launches New Online Web Portal-faces Trademark Opposition From NASDAQ

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METDAQ LLC, a B2B online portal, launched a new site in September 2011 and has had a trademark application opposed by NASDAQ OMX.

This release refers to the trademark opposition filed with United States Patent and Trademark Office (Application 85341237) and can be viewed here: http://ttabvue.uspto.gov/ttabvue/v?pnam=Metdaq,%20LLC

METDAQ’s website was launched on 1 September 2011. It is a business to business online portal that is dedicated to linking those who have an interest in metallurgy. METDAQ provides a place for these individuals or companies to connect and trade information and products. Metdaq.com is also a place for these individuals or companies to buy or sell their products.

METDAQ is not in the business of trading stocks, commodity price quotes, or any other stock market trade information. They are purely interested in buying/selling finished metal products like steel pipes, aluminum doors, and finished copper nuts and bolts.

NASDAQ OMX has taken objection to METDAQ having the “DAQ” at the end of the name, this objection is point 14 of the document filed here: http://ttabvue.uspto.gov/ttabvue/ttabvue-91202670-OPP-1.pdf.

METDAQ representative Alex Stolfat states, “We are puzzled by the objection to our application as we operate in a different arena and are in no way trying to pass ourselves off as related to NASDAQ. It seems an investigation will be necessary to decide if NASDAQ owns the rights to the suffix "DAQ". However “DAQ” is also used by several other companies, for example, there is BETDAQ, JASDAQ, and FORDAQ".

METDAQ is a B2B portal that is designed to meet the demands for those who are in the metal industry so they can better communicate with others who are in the same industry. The goal is to design a website that gives individuals, small, and large businesses a way to easily communicate with one another. These communications would consist of current events related to goings-on within certain segments of the metal industry, potential needs of certain metal supplies for job sites, as well as other metal related industry information.

While still in the infancy phase of their online operations, they have seen success with over 100,000 visitors in a very short period of time. METDAQ is not in the business of trading stocks, commodity price quotes, or any other stock market trade information. They are purely interested in buying/selling finished metal products like steel pipes, aluminum doors, and finished copper nuts and bolts.

About METDAQ

METDAQ specializes in bridging the gap between supply and demand of metal products. The online portal is a place where buyers and sellers of metal and metal products can come together to discuss their needs. The state-of-the-art website provides a platform for buyers and sellers to interact and communicate right from the site. METDAQ offers tools such as internal messaging, audio and visual chat, and other instruments which make it easy to trade between individuals or businesses.

The goal of METDAQ is to make an online platform which is globally recognized as a way to provide opportunities within the metal industry for large and small businesses anywhere in the world.

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Alex Stolfat
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