CopyTele Enters Into License Agreement With Elixir Industries
MELVILLE, NY--(Marketwired - October 22, 2013) - CopyTele, Inc. ("CTI") (COPY), a company specializing in patent monetization and patent assertion, today announced that its wholly owned subsidiary, J-Channel Industries Corporation, has entered into a license agreement with Elixir Industries, in connection with CTI's patented J-Channel Window Frame Construction technology.
The license is the third license for the J-Channel Window Frame Construction technology, and resolves the patent infringement lawsuit filed against Elixir Industries and Clayton Homes, Inc., on August 7, 2013, which will be dismissed.
On October 10, 2013, the company announced the filing of 19 additional lawsuits in connection with its patented J-Channel Window Frame Construction technology. Estimates indicate that more than 10 million J-Channel windows are sold in the U.S. each year.
In total, CTI and its subsidiary companies currently have 38 active lawsuits across 5 patented technologies including E-Paper Electrophoretic Displays, Nano Field Emission Displays, Key Based Web Conferencing Encryption, J-Channel Window Frame Construction, and Loyalty Conversion Systems.
About CopyTele, Inc.
CTI develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company currently has 6 patent portfolios in the areas of Key Based Web Conferencing Encryption, E-Paper® Electrophoretic Displays, Nano Field Emission Displays, Micro Electro Mechanical Systems Displays, Loyalty Conversion Systems, and J-Channel Window Frame Construction. Additional information is available at www.CTIpatents.com.
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