MICROLATCH LIMITED EXPLOITS ITS EXCLUSIVE LICENSE AGREEMENT PRIVILEGES
Microlatch Limited, a Hong Kong company, continues to exploit the exclusive License Agreements signed by Securicom (NSW) P/L and Microlatch P/L in 2013. The License agreements have been operational for 8 years without any objections or attempts to deny them. The License Agreements were part of the lapsed SPA and were agreed and accepted by all parties.
The Exclusive License is enforceable against all the world and any assignees or successors in title.
Moving forward; Microlatch has released its first Biometrics Card samples and expects several corporate customer implementations in 2020.
Microlatch Limited is proceeding with an exclusive license to commercialise, monetise, support product sales and proceed with impunity to comprehensively exploit all of the patent portfolios of Securicom and Microlatch in all jurisdictions, including issuing sub-licenses. Chris Burke is the Inventor, Founder of the patents and sole Director of Microlatch Limited, the exclusive license patent management company. Importantly, Microlatch Limited exclusively controls, manages and enhances value for all patents, updates, renewals and new submissions.
Microlatch Limited will expand manufacturing, sales and patent exploitation through a major rollout of its own proprietary Biometrics Cards in 2020. The areas of implementation will be access control, identification, IoT, cash credentials and payment systems, plus combinations of these.
Microlatch Limited takes no consideration of third parties separately attempting to unethically or fraudulently extract position or favour from the patents. Microlatch Limited will continue to exploit, sell, monetise patents and sub-license patents at its sole discretion. Microlatch Limited will defend its exclusive license vigorously.