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WGP Worldlink Group Plc

8.00
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Worldlink Group Plc LSE:WGP London Ordinary Share GB00B3P21X12 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Worldlink Group Issues Second Notice to Prosecute (3422A)

29/03/2012 9:57am

UK Regulatory


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RNS Number : 3422A

Worldlink Group Plc

29 March 2012

For release: 29 March 2012

Worldlink Group Issues Second Notice to Prosecute for Patent Infringement

Worldlink Group Plc, (LSE: WGP) the UK listed Company with gatekeeper patents on providing changing data in real time for mobile devices, announces today that it has sent a letter before action to Bet365 Limited for infringing its patent covering the provision of real-time data to mobile devices. Bet365 provides real-time data for clients who are looking for the best odds available in a similar way to that provided by Betbutler. This service is made available on a variety of mobile platforms which includes iPhone, Blackberry and Android which therefore infringes the issued patent that Worldlink has on providing changing data to all mobile devices. Whereas Betbutler has taken a licence to access the Worldlink patents, Bet365 is operating without a licence.

The damages requested reflect the loss in revenues to Worldlink from the time that Bet365 started infringing the Worldlink patent. Worldlink advised Bet365 of the situation in October 2010 but correspondence has not led to a licence being granted, hence Worldlink has reluctantly been forced into filing this Notice to Prosecute in order to protect its patent rights.

Worldlink seeks to come to an agreement with Bet365 to provide a licence to operate for the duration of the patent.

This notice is part of Worldlink's programme designed to protect its rights to commercialise issued UK patent 2358768 C. This patent was filed on 26th June 2000 and granted on 12 Dec 2001. The patent expires on 26th June 2020

Neil Riches, MD of Worldlink commented: "We are very keen to offer licences to any organisation who wishes to provide changing data over mobile devices to their clients as part of their services. We have been in correspondence with Bet365 for some time now with regards to them taking a licence to operate from Worldlink and are now progressing this to a formal Notice".

For further information please contact:

   Neil Riches                                                         01737 221 078 

Managing Director

Worldlink Group Plc

   Jon Belliss                                                           020 7101 7070 

XCAP Securities plc.

Broker

   Mike Wort/Anna Dunphy                             0207 556 1063/4 

De Facto Financial

Notes to Editors

About Worldlink

Worldlink is one of the UK's leading real-time mobile applications companies with patented technology that allows information held on the mobile device to be updated automatically without the need for a manual refresh. Information is delivered via a mobile telecommunications network in real time, whilst intelligently minimising the bandwidth required to transmit the data. The technology is patent protected in the US and UK and is patent pending in Europe.

Worldlink has approached more than 40 companies in relation to infringement of its patents which cover the provision of real-time data to all mobile devices.

The decision to protect the patent rights has been taken following a written opinion from Alastair Wilson QC of Hogarth Chambers, one of the leading Patent Practices in the UK, and is being managed by Candey llp a leading firm of patent lawyers.

For more information about Worldlink and its businesses please visit www.worldlink-data.com and www.worldlink-sports.com

Notes to editors:

This information is provided by RNS

The company news service from the London Stock Exchange

END

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