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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