General Patent Corporation Acts as Licensing Agent
Suffern, NY - June 4, 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 VegasExperts.com of Cleveland, OH and VegasInsider.com of the UK.
A lawsuit against VegasExperts.com, Inc., VegasInsider.com, Preferred Picks Publications, Don Best Sports, Sports Direct, Inc. and Covers Media Group Ltd. 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). Previously, GPC announced settlements with Preferred Picks Publications, Inc. a/k/a Playbook Enterprises of Weston, FL, and Corcom, Inc. d/b/a Don Best Sports of Las Vegas, NV.
"We are pleased to have reached two more settlements in this lawsuit," said Paul Lerner, GPC's Sr. Vice President and General Counsel. He continued, "We look forward to licensing the remaining defendant."
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 is a wholly owned subsidiary of Betbrokers PLC, a publicly traded company on the AIM Exchange in the UK (BETB:AIM).
"Winning Edge and our parent company Betbrokers PLC are pleased that settlements are moving forward in the lawsuit," said Wayne Root, CEO of Winning Edge, "and we look forward to announcing licensing agreements with other companies in the business of predicting the outcomes of events online."
Winning Edge is 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 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.