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Breaking Flooring NewsFloor CoveringsBusiness Insights

I4F to Introduce new Patent Cluster Concept

I4F-Logo
March 19, 2018

Willemstad, Curaçao – I4F announced plans to introduce its new Patent Cluster Concept (PCC) system at this year’s Domotexasia/ChinaFloor.

With I4F representing portfolios of patents across multiple categories, the new system groups patents falling under the same category into “clusters.” This offers I4F licensees more options to pick and choose patents, or groups of patents, that best meet their most current business needs or create new business and revenue streams. PCC also provides full transparency on the composition of license fees to obtain the best return on investment while avoiding unnecessary payments for unused patents.

The clustered patents identified and represented by I4F cover locking, surface finishing, materials and panel composition, manufacturing processes, and board and wall panels.

“We think it’s about time global flooring industry players were offered more choice and transparency when it comes to patented innovations,” said John Rietveldt, I4F CEO. “Our menu means manufacturers can select intellectual property that best suits their business. And our licensees will be able to regularly evaluate which cluster provides them with optimal patent protection and returns in line with market changes and new products. As we develop pricing for specific families of patents within each cluster, this flexibility will increase even more, supporting our goal to revolutionize the global flooring industry through freedom of choice. I4F licensees can choose what they want and know exactly what they are paying for.”

I4F will share more details on its patent clusters with Domotex Asia/ChinaFloor visitors at its booth ( E1 C27 in the international hall).

For more information, visit innovations4flooring.com.

This article was originally posted on www.fcimag.com.
KEYWORDS: business management Innovations4Flooring patents

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