General Patent Corporation International Acts as Licensing Agent
SUFFERN, N.Y.– LAWFUEL – Legal Newswire –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.
A lawsuit against Preferred Picks, Don Best Sports, Vegas Insider.com, Vegasexperts.com, Inc., Sports Direct, Inc. and Covers Media Group Ltd. was filed in August 2006 in the Eastern District of Texas (2:06 CV 318) for the infringement of Winning Edge’s U.S. Patent No. 6,260,019 (the Patent).
“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.
Winning Edge International
Winning Edge International of Las Vegas, NV is the owner of U.S. Patent No. 6,260,019 titled “Web-Based Prediction Marketplace”. 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 its nationally recognized “Wayne Root” brand provides professional predictions, advice and analysis of sporting events in the Unites States via television, radio and the Internet. For more information, please visit www.winningedge.com.
About General Patent Corporation International
General Patent Corporation International (GPCI) is a premier intellectual property (IP) licensing and enforcement firm headquartered in Suffern, N.Y. GPCI is the exclusive licensing agent for Winning Edge. GPCI represents clients in IP assertive licensing and enforcement matters on a contingency basis and assists IP owners in enforcing their IP rights through patent, trademark and copyright infringement litigation. GPCI is the oldest contingency IP enforcement organization in the United States. General Patent Corporation (GPC) is an affiliate of GPCI providing IP management consulting with a focus on IP strategy and valuation (see www.generalpatent.com). Another affiliate of GPCI, IP Holdings LLC, is an IP-centric merchant banking organization providing IP-related finance and brokerage services (see www.ip-holdings.com). For more information on GPCI, please visit www.patentclaim.com.
For further information on GPCI, contact General Patent Corporation International, Montebello Park, Suffern, NY 10901-3740; telephone: (845) 368-4000; e-mail: info@gpci.com.
