The primary patent approval for Translock Squared is already in hand, as we know. The additional patents having been filed now (per the most recent DDCC news on 6/28) give Double Crown patent pending status on those which establishes precedent in an later disputes. So, Double Crown is well protected at this time and should be able to sign any contracts they want for Translock sales or leases.
Double Crown Resources to Accelerate Marketing and Maximize Assets by Licensing Advanced Intermodal Transport System to Large Container Manufacturers and Global Shipping Operators
Multiple Patenting Efforts Will Secure Exclusive Marketing Rights
HENDERSON, NV, June 28, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC) is currently moving forward with wide ranging plans for the commercial marketing of the interlocking, intermodal bulk commodity transport system called Translock² (Translock Squared). After recently receiving approval notification from The U.S. Patent and Trademark Office for the Translock² system, the management of Double Crown has determined that the best course of action at this time will be to employ a multi-patent strategy to secure all of the key design features on Translock² while simultaneously engaging in a major new marketing effort with some of the world's largest transport container manufacturers and global shipping operators.
Double Crown Resources has now filed a continuation patent application with the U.S. Patent and Trademark Office for multiple additional patents on the Translock² transport system. The company's new marketing plan will leverage the multi-patent position and utilize the assets of the patents in licensing this advanced and unique new technology both domestically and internationally. Offering licensing rights to the multi-patent Translock² system will allow Double Crown to align with some of the largest industry names in container manufacturing and shipping for the quickest route to commercial employment of Translock² units and major revenue generation for the company.
Chairman & CEO Jerold S. Drew stated, "Our Double Crown Resources team has produced the most important new development in bulk commodity transport today. With the primary patent approval we have already received, and the multiple additional patent features just filed on, we are now ready to take this unmatched interlocking container system to the world markets. Our President, Allen E. Lopez is currently engaged in direct marketing efforts for Translock² licensing contracts with some of the largest and most well-known companies in the commodity transport industry. We will make further announcements on new marketing developments as they occur."
