Small Firm Wracks Up Big Wins In ImagingLitigation
MELVILLE, N.Y. - (11/08/05) -- DataTreasury Corp. said Monday ithas reached another licensing agreement with a payments giant,France's Group Ingenico, over patent infringement lawsuits broughtby the small check-processing company. DataTreasury accusedIngenico, the world's largest manufacturer of point-of-saleelectronic transaction terminals, of infringing on the company'spatents for image capture, centralized processing and electronicstorage of document and check information. The patents are aimed atfacilitating Check 21, the new law establishing electronic paymentsas legal tender. Under the license agreement Ingenico will beallowed to use the patents on a worldwide basis. The lawsuit wasone of several highly publicized patent infringement claims broughtby DataTreasury against a variety of large banks and paymentprocessors, including JP Morgan Chase, RDM Corp. andNetDeposit.