Fuel management system developer defends patent
NCS says that it has settled recent claims regarding patent infringement in the marine fuel management market which protects its investment in the FuelTrax technology and protects the customer’s right to the technology on all existing and future installations.
“As an industry leader in our market segment, we are vigilant in the protection of our intellectual property rights,” said Anthony George, president and CEO of NCS. “From the beginning, we worked hard to make FuelTrax a robust, reliable system that our customers could count on. These efforts and costs were not trivial and so we applied for and received a United States patent in 2006 to >protect >this investment. European patent protection is also pending and we expect to be able to announce that soon.”
George continued: “As our installation base grows, we will continue to invest and enhance FuelTrax to meet existing and future customer demands and will continue to protect our rights as various companies attempt to infringe on our product’s brand and good will in the marketplace. Continued investment in the product coupled with diligent intellectual property rights protection is simply good business practice. It supports our continued success in the market and our customer’s confidence in the product.”