Brighter ensures all the rights in the patent dispute - Hotswap waives all claims to ownership.
A settlement has been reached in the patent dispute between Brighter on the one hand and Hotswap, now renamed Amundsen Förvaltning with its subsidiary Amundsen Engineering, on the other hand. The settlement means that Amundsen renounces all claims of ownership and other claims in the dispute at hand regarding the inventions and other intellectual property of Brighter now and in the future.
"We have always been of the opinion that we have better right to those patents, but that we should pay the established compensation of inventors. The settlement means that the approval processes continue at the usual pace and that we can focus on the new patent application processes that we have launched in, for example, Brazil, India, Indonesia and Europe, says Truls Sjöstedt, CEO of Brighter.
The settlement applies to patent applications 1351376-7 and 1550571-2, regarding a medical device with safety features, and with the settlement Amundsen Förvaltning and Amundsen Engineering undertake not to attack the patents or file any claims regarding them in the future. The settlement also means Brighter pays 65,000 kronor which corresponds to the accepted cost referring to the established inventor’s compensations.
Questions? Please contact:
Henrik Norström, COO
Phone: 46 733 40 30 45
Truls Sjöstedt, CEO
Phone: 46 709 73 46 00
About Brighter AB (publ)
Brighter develops solutions for data-driven and mobile health services. Through its intellectual property and innovative tools, jDome® and Actiste®, the company creates a more efficient care chain with focus on the individual. The goal is to simplify, streamline and enhance the information flow of relevant and reliable data between the patient and health care professionals. Brighter is initially focused on diabetes care and care for the elderly, but there are opportunities in the future to operate on a broader level, spanning more diseases and treatment approaches. This is done through The Benefit Loop®, Brighter’s cloud-based service that continuously collects, analyzes and shares data on the user's terms.
The Company's shares are listed on NASDAQOMX First North/BRIG. Brighter’s Certified Adviser on Nasdaq OMX First North is Remium Corporate Finance +46 (0)8 – 454 32 76, CorporateFinance@remium.com, www.remium.com.