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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 |
TIDMWGP
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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