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I4F augments licensee protection with new labelling system

Willemstad, Curacao–I4F, a group of companies providing patents and technologies to the flooring industry, is introducing new measures designed to further protect its complying licensees.

The company also said it has provided notice to terminate license agreements with two manufacturers—Jiangsu Simo New Materials Co. Ltd. and Weifang Green Residence Floor Material Co. Ltd.—following material breaches of contracts, despite several unanswered notifications to comply. These include a failure to submit volume reports for products using I4F’s patented technologies as well as the non-payment of contractual fees.

 

As from the second quarter of 2019, I4F will roll-out its new holographic labelling system to all I4F licensees as well as initiate a license compliance audit program. These new measures are designed to extend the scope of protection for all complying I4F licensees.

“Mutually respecting all contractual obligations is essential and normal business practice for all professional parties involved in a license agreement,” said John Rietveldt, I4F’s CEO. “As a patents and technologies company, we make it our business to ensure that all our complying licensees are fully protected from those taking part in non-compliant activities by attempting to use licensed technologies for free. These new measures aim to ensure that the lay of the land is fair and equal for all I4F licensees.”

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Innovations4Flooring taps David Song as licensing director

Innovations4-680x320Willemstad, Curaçao—Innovations4Flooring (I4F) has appointed David Song as licensing director. A Chinese national with vast global flooring industry experience, Song spent close to eight years working for Unilin and was in charge of the licensing in Asia.

During his time with Unilin, Song held the position of chief representative for China working out of their Shanghai office. He made strong contributions to Unilin’s present IP position in China and the rest of Asia. Song joins I4F from Ocean Works International where he held a vice president role, being responsible for strategy and acquisitions since 2015.

“We are delighted to extend further our team and welcome David to I4F as Licensing Director,” said John Rietveldt, CEO of Innovations4Flooring. “He brings with him a wealth of experience in the Chinese and global flooring industry as well as knowledge of business development and licensing strategies. His deep understanding of Asia and insights into China will be invaluable as we ramp up our licensing activities in this market.”

Song holds an MBA from Beijing’s Tsinghua University and a Bachelor’s degree in Civil Engineering from Southeast University, Nanjing, China.