Innovations4Flooring signs strategic partnership agreement with Kowon R&C Corporation

•  Kowon co-owner of Windmöller LVT patents in the US
• John Rietveldt appointed as Managing Director
• Development of new LVT related IP

Innovations4Flooring (I4F), Innovations4Flooring (I4F), a technology company providing flooring solutions, today announced that it has signed a strategic partnership agreement with Kowon R&C Corporation based out of South Korea.  Kowon is co-owner of the Windmöller LVT patents rights in the US (US 8,071,193; US 8,857,127; US 8,728,603).  The partnership will focus on the development of new intellectual property in the LVT flooring product category, and represents a key next step in I4F’s strategy to build a new, strong and open IP company focused on the flooring industry.

Kowon and I4F also announced that in addition to his role as I4F’s CEO and Managing Director of Classen Intellectual Property, John Rietveldt becomes Managing Director of Kowon.

Kowon believes that this partnership with I4F will create more value with its share of Windmöller’s LVT patent rights in the US.  Furthermore, Kowon also believes that this agreement will facilitate its contribution to technical advancements in the LVT flooring product category.

Commenting on the new agreement, John Rietveldt said, “The partnership between Kowon R&C Corporation and I4F is significant as this company co-owns key US flooring technologies and has the ability, as well as the competence, to add new, meaningful LVT product innovations to the market.”

Contact:
Gilliane Palmer
gilliane@innovations4flooring.com