General Patent Licenses Moen Patent to Bic USA

Suffern, NY (PRWEB) January 12, 2005 - Moen Technologies LLC (Moen) has recently licensed U.S. Patent No. 5,864,604, directed to limited access communications over the internet, to Bic USA of Milford, CT. General Patent Corporation (GPC), a leading patent licensing and enforcement firm headquartered in Suffern, New York, represented Moen in this transaction. In addition to the '604 patent licensed by Bic USA, the Moen patent portfolio includes two related patents, directed to limited access telephone communications. The technologies covered by these three patents have particular application to advertising and promotional campaigns.

“We are pleased to extend a license under the '604 Patent to Bic USA,” said Alexander Poltorak, GPC's Chairman and CEO and co-inventor of the '604 Patent. “Bic USA values intellectual property rights, and came forward of its own accord to license this patent. To me, that says a lot about the quality of the IP management at this company.” Other companies that have recently licensed the Moen patents include The Coca Cola Company and PepsiCo, Inc.

About Moen Technologies

Moen Technologies is the owner of United States Patent Nos. 5,438,615, “Method of Providing Message Service for Pinless Limited Access Telecommunications;” 5,592,537, “Method of Providing Message Service for Limited Access Telecommunications;” and 5,864,604, “Method of Providing Message Service for Limited Access Telecommunications.” Moen Technologies is a portfolio company of IP Holdings LLC, an idea incubator headquartered in Suffern, NY. Moen Technologies offers non-exclusive licenses under these patents on attractive terms. For licensing terms, contact Kathlene Ingham, GPC's Director of Licensing, at (845) 368-4000 ext. 107. For more information about Moen Technologies visit www.moentech.com.

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