See all news

Mar 21, 2019

I4F augments licensee protection with new labelling system and start of audit program

  • Roll-out of new holographic labels starting Q2-2019
  • License compliance audits to begin with immediate effect
  • Two license agreements to terminate due to material breaches of contract

WILLEMSTAD, CURAÇAO– I4F, a group of companies providing patents and technologies to the flooring industry, today announced that it is introducing new measures designed to further protect its complying licensees. The company also said it has provided notice to terminate license agreements with two manufacturers – Jiangsu Simo New Materials Co. Ltd. and Weifang Green Residence Floor Material Co. Ltd. – following material breaches of contracts, despite several unanswered notifications to comply. These incude a failure to submit volume reports for products using I4F’s patented technologies as well as the non-payment of contractual fees.

As from the second quarter of 2019, I4F will roll-out its new holographic labelling system to all I4F licensees as well as initiate a license compliance audit program. These new measures are designed to extend the scope of protection for all complying I4F licensees.

John Rietveldt, I4F’s CEO, comments, “Mutually respecting all contractual obligations is essential and normal business practice for all professional parties involved in a license agreement. As a patents and technologies company, we make it our business to ensure that all our complying licensees are fully protected from those taking part in non-compliant activities by attempting to use licensed technologies for free. These new measures aim to ensure that the lay of the land is fair and equal for all I4F licensees.”

Latest news

Jan 27, 2022

‘Staggeringly’ strong and beautiful; True Grout® innovative colored wear layer and middle grout line technologies exclusively available from i4F

Read article

Jan 24, 2022

CFL Flooring reinforces its long-term innovation and sustainability strategy with acquisition of Hymmen JUPITER digital printing line

Read article

Jan 14, 2022

i4F physically exhibiting at TISE Surfaces 2022; introducing 3 new technologies and experience centre aligned to its vision

Read article

View all news