NanoLumens and PixelFLEX settle IP lawsuit20 October 2017
NanoLumens has announced the dismissal of its patent infringement lawsuit against PixelFLEX LLC.
According to NanoLumens CEO Richard Cope, PixelFLEX has joined the NanoLumens partner programme and will now exclusively market NanoLumens’ Nixel Series flexible LED under the name “TrueFLEX Visualised by NanoLumens.”
“We welcome PixelFLEX to the NanoLumens partner programme and we look forward to working with them as they roll out their TrueFLEX Visualised by NanoLumens’ flexible LED displays,” said Cope. “NanoLumens has invested millions of dollars and man hours in the development of pioneering innovations that have been justly recognised by the United States Patent Office. We stand behind our proprietary intellectual property and will continue to do everything we can to protect it against infringement. Our new relationship with PixelFLEX works to the benefit of everyone,”
Monty Rains, president and COO of PixelFLEX added: “We are pleased to have reached this agreement with NanoLumens and are happy to have joined the NanoLumens partner programme. Through this joint effort, we believe that our customers will benefit from the NanoLumens technology.”