New Multi-Account Smart Card Patent Issues
Wednesday June 11, 9:00 am ET
SYOSSET, N.Y., June 11 /PRNewswire-FirstCall/ -- Quest Products Corporation (OTC Bulletin Board: QPRC - News) announced today that the United States Patent Office has, on June 10, 2003, issued U.S. Patent No. RE 38,137 on Quest's multiple account smart card system. The new Patent which contains 35 separate claims replaces the Company's original U.S. Patent No. 5,859,419 which had 7 claims. In January, 2001, the Company filed a Re-Issue Application with the United States Patent Office to add these additional patent claims to the Company's patent for a multiple account smart card system. The new claims were allowed in their entirety.
Herbert Reichlin, President and Chief Operating Officer of Quest Products Corporation said: "We have been waiting patiently for the issuance of our new Patent which we believe sets forth an invention of great importance for the credit card, debit card and security industries. We believe there is great interest today among the credit card issuers and in the government sector for the invention covered by our Patent. The Patent provides the Company with a legal monopoly to practice the claims of the Patent to the exclusion of others through at least 2015."
The multi-account smart card system covered by the Patent
This is not a reco to buy! Please do your DD!
