• ‘Pick and choose’ patent menu offers licensees transparency and flexibility
• Avoids paying for unused patents
• Focus on value creation for I4F licensees
WILLEMSTAD, CURAÇAO – I4F, a group of companies providing patents and technologies to the flooring industry, today announced plans to introduce its new Patent Cluster Concept (PCC) system at this year’s DOMOTEXasia/CHINAFLOORS. With I4F representing portfolios of patents across multiple categories, the new system groups patents falling under the same category in so-called “clusters”. This offers I4F licensees more options to pick and choose patents, or groups of patents, that best meet their most current business needs or create new business and revenue streams. PCC also provides full transparency on the composition of license fees to obtain the best return on investment while avoiding unnecesary payments for unused patents.
The clustered patents identified and represented by I4F cover :
- Locking
- Surface Finishing
- Materials and Panel Composition
- Manufacturing Processes
- Board and Wall Panels
I4F will share more details on its patent clusters with visitors to its booth (number E1 C27 in the international hall). To book an appointment or become a licensee, please contact David Song (david@innovations4flooring.com, +86 139 164 70782).
John Rietveldt, I4F’s CEO, comments, “We think it’s about time global flooring industry players were offered more choice and transparency when it comes to patented innovations. Our menu means manufacturers can select intellectual property that best suits their business. And, our licensees will be able to regularly evaluate which cluster provides them with optimal patent protection and returns in line with market changes and new products. As we develop pricing for specific families of patents within each cluster, this flexibility will increase even more, supporting our goal to revolutionize the global flooring industry through freedom of choice. I4F licensees can choose what they want and know exactly what they are paying for!”