Iq Power AG (fka IQPOF)

[Aduke]

iQ Power awarded further patents in Japan and USA
02JAN2015

iQ Power Licensing AG receives patents in two important markets.
Patents are for the first generation of passive electrolyte mixing elements.

Zug/Switzerland, 02 January 2015 – iQ Power AG (ISIN: CH0020609688, German Securities Code Number (WKN): A0DQVL / symbol: IQPB, ISIN: CH0199540599 / German Securities Code Number (WKN): A1J7TW / symbol: IQPA), a developer and marketer of technologies for environmentally friendly and technologically innovative starter batteries for motor vehicles and licences in these technologies, announces the granting of patents for the iQ Power first generation technology. The patents cover iQP-1.2 and iQP-1.3, which are auxillary patents to iQP-1.0 and IQP-1.1 (and which were already granted in the two countries). Both new patents bolster the patent arsenal of iQ Power.

iQ Power Licensing AG, a 100% subsidiary of iQ Power AG and in charge of marketing the iQ Power technology, has received patent protection for its technology of passive electrolyte mixing for starter batteries in all major markets, including all European countries with starter battery manufacturing including Turkey and Russia, but also battery producing countries such as USA, China, Korea, Brazil and has patents pending in many other countries. Patent applications at the national level can take a very long time. The patents just granted were for applications in 2007 and 2010. The protection starts at time for application and runs for 20 years following the grant of patent.

Although the first generation technology is no longer in use by iQ Power, the patent protection is important to keep competitors from using the older technology. The iQP-1 generation is not as effective and efficient as the new generation and is not as easy to use in battery assembly as the second generation of iQ Power Technology, iQP-2, which also allows quick robot assembly.

More importantly, the granting of these patents continues the success of the iQ Power patent pipeline strategy. The patent pipeline strategy is to create inter-connected and inter-dependent patents, which greatly increase the difficulty of working around the iQ Power technology. By always having new patents pending, the competition can never be sure if a possible work-around will infringe on an upcoming iQ Power patent.

Equally important, the granting of these patents continues the perfect track record of patent applications for iQ Power. iQ Power has never been denied a patent application. This means that in countries were patents are pending, it is almost certain that the patent will be granted.
iQ Power intends also in 2015 to apply for new patents.


http://www.iqpower.com/index.php?pid=1,1&id_news=1273