Elettronica
Fontem Ventures B.V. Announces Settlement Agreement With Electronic Cigarettes International Group, Ltd., in Relation to E-Vapour Technology Patents
The settlement ends another of eight patent infringement cases originally brought by Fontem Ventures and Fontem Holdings 1 in March 2014 in the United States District Court for the Central District of California in relation to e-vapour technology.
Under the terms of the settlement, Fontem Ventures has granted Electronic Cigarettes International Group, Ltd., a non-exclusive royalty-bearing global licence under the patents asserted in the litigation and certain other e-vapour technology related patents. The remaining settlement terms are confidential.
Fontem Ventures is the owner of blu, a leading e-cigarette brand in the United States and the United Kingdom . Headquartered in the Netherlands , and present on two continents, Fontem Ventures is an innovative consumer goods company, founded in 2012, committed to developing a portfolio of products that meet consumer needs, including the highest quality electronic vaping products.
Electronic Cigarettes International Group (ECIG) is dedicated to providing a compelling alternative to traditional cigarettes for the more than one billion current smokers around the world. ECIG offers consumers a full product portfolio that incorporates product quality and the latest technology. The company's website is http://www.ecig.co