Affinion Loyalty Group Announces Settlement of Patent Infringement Claim Against Maritz Inc.
RICHMOND, Va., Jan. 23 /PRNewswire-USNewswire/ -- Affinion Loyalty
Group (ALG), a pioneer in the loyalty industry, announced today that it has
settled its patent litigation with Maritz Inc. In conjunction with the
settlement, ALG has agreed to dismiss its patent infringement lawsuit filed
in U.S. District Court for the District of Delaware relating to ALG's
portfolio of patents that broadly cover online incentive programs. As part
of the settlement, ALG has granted Maritz a royalty-bearing, non-exclusive
license for its online incentive program patents. The financial terms of
the settlement were not disclosed.
As previously announced, ALG acquired the rights to all of Netcentives'
patents relating to online incentive programs. ALG expects to continue to
pursue additional license agreements with interested entities.
"We are please to have reached a favorable settlement in this
litigation relating to our patent rights," said ALG President Marti Beller.
"ALG is committed to protecting its valuable patent portfolio and
intellectual property and we believe the Netcentives patents are pioneering
patents in the online loyalty space."
About Affinion Loyalty Group
For 25 years, ALG has been a pioneer in the loyalty industry, having
developed groundbreaking products that are now found in nearly every wallet
in America. From private-label rewards programs to time- and money-saving
products, ALG offers a full range of customized solutions to businesses in
a diverse array of industries, each designed for converting customers into
fans.
As a leader in innovation, ALG is defined by an uncommon dedication to
its clients, and has delivered compelling results to more than 175
high-profile companies in the form of increased loyalty, competitive
differentiation, savings on commodity products, and overall improved
profitability.
Visit http://www.affinionloyalty.com for more information.
ALG is the loyalty marketing division of Affinion Group, a leader in
the membership, insurance, value added checking and loyalty marketing
businesses, providing products and services that touch the lives of
millions of Americans.
SOURCE Affinion Loyalty Group
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