General Patent Corporation Was Licensing Agent
SUFFERN, N.Y., January 22, 2009 − General Patent Corporation (GPC), a leading patent licensing and patent enforcement firm, announced today on behalf of its client, Renhcol, Inc. − a wholly-owned subsidiary of Betbrokers PLC (LSE: BETB) − that Renhcol settled its patent infringement lawsuit against Pregame LLC of Las Vegas, NV.
A lawsuit against Pregame LLC and several other defendants was filed in October of 2008 in the Eastern District of Texas (2:08-cv-00388) for the infringement of Renhcol’s U.S. Patent No. 6,260,019 (the “Patent”). Ultimately, Pregame agreed to settle the lawsuit and license the Patent.
General Patent Corporation represents Renhcol as its exclusive licensing agent.
“We are pleased to have reached an amicable settlement with Pregame and look forward to settling with the rest of the defendants,” said Paul Lerner, General Patent’s Sr. Vice President and General Counsel.
Renhcol, Inc. owns U.S. Patent No. 6,260,019 titled “Web-Based Prediction Marketplace.” The patented technology pertains to the on-line prediction of future events. This patent was the subject of a prior lawsuit, which resulted in all of the defendants licensing the ‘019 Patent.
“Betbrokers, Renhcol and Winning Edge are pleased that settlements are coming quickly in this second lawsuit,” said Wayne Root, CEO of Winning Edge International, Inc. Winning Edge is also a subsidiary of Betbrokers PLC.
A non-exclusive license under the Patent is available on reasonable and non-discriminatory terms. For licensing terms, contact Paul Lerner at 845-368-4000 x104.
Renhcol, Inc. is represented in this lawsuit by the law firm of DiNovo Price Ellwanger LLP, a patent litigation boutique in Austin, TX.
About Renhcol
Renhcol, Inc. is the owner of U.S. Patent No. 6,260,019 titled “Web-Based Prediction Marketplace”. Renhcol, Inc. and Winning Edge International, Inc. are both wholly-owned subsidiaries of Betbrokers PLC. For more information, about Winning Edge, visit www.winningedge.com.