General Patent Corporation Acts as Licensing Agent
Suffern, NY - July 28, 2008 - General Patent Corporation (GPC), a leading patent licensing and enforcement firm, announced today on behalf of its client, Winning Edge International, formerly known as GWIN, that Winning Edge has settled its patent infringement lawsuit against Canadian corporation SportsDirect, Inc. and its subsidiary, Irish corporation Covers Media Group Ltd.
A lawsuit against Sportsdirect, Inc., Covers Media Group Ltd., Vegas Experts.com, Inc., Vegas Insider.com, Preferred Picks Publications and Don Best Sports was filed in August 2006 in the Eastern District of Texas (2:06 CV 318) for the infringement of Winning Edge's U.S. Patent No. 6,260,019 (the Patent). GPC previously announced settlements with all of the other defendants.
"We are pleased to have reached settlements with the last remaining defendants in this lawsuit," said Paul Lerner, GPC's Sr. Vice President and General Counsel. He continued, "We look forward to licensing others in the online gaming industry."
Winning Edge owns U.S. Patent No. 6,260,019 titled "Web-Based Prediction Marketplace". The patented technology pertains to the on-line prediction of future events.
"Winning Edge and our parent company Betbrokers PLC are very happy that this lawsuit is successfully concluded," said Wayne Root, CEO of Winning Edge. "We are delighted with the results."
Winning Edge was represented in this lawsuit by the law firm of DiNovo Price Ellwanger LLP, a patent litigation boutique in Austin, TX.
About Winning Edge International
Winning Edge International of Las Vegas, NV is the owner of U.S. Patent No. 6,260,019 titled "Web-Based Prediction Marketplace". Winning Edge is a wholly owned subsidiary of Betbrokers PLC, a publicly traded company on the AIM Exchange in the UK (BETB:AIM). Winning Edge and its nationally recognized "Wayne Root" brand provides professional predictions, advice and analysis of sporting events in the United States via television, radio and the Internet. For more information, please visit www.winningedge.com.