Tyler, Texas (PRWEB) November 12, 2013
PersonalWeb Technologies LLC, today announced the launch of a royalty-free license program, which is intended to give qualified software developers and technology companies a limited period to enter into a patent licensing agreement with PersonalWeb for the use of its True Name patent portfolio. Independent developers that have yet to profit financially or receive the significant economic or commercial benefits that flow from the ability to utilize the True Name patents will be eligible for use of the True Name patents on a royaltyfree basis until usage increases and license fees become applicable.
In connection with the grant of a license and based on compliance with license terms, PersonalWeb intends to waive all damages for past use for these qualified developers that participate in its program prior to its expiration on January 31, 2014. Larger commercial developers and companies that receive significant economic or commercial benefit from the True Name patents will need a license from PersonalWeb for the use of the True Name patents.
By providing small independent developers an easy and no-cost license for the use of our patents, we are able to ensure that our intellectual property rights are respected while allowing licensed developers access to our important and market-proven technology and the many efficiency benefits the True Name patents provide, said Michael Weiss, president of PersonalWeb.
PersonalWeb owns the True Name Patent Portfolio consisting of 15 issued and pending patents that are important for many elements of cloud computing, distributed search engine file systems, content addressable storage and social media, critical to the development of a wide range of established and emerging distributed computing based industries. NEC, Nexsan and Caringo are some of the most recent technology companies to enter into a licensing agreement with PersonalWeb for their prior and continued use of the True Name patents. PersonalWeb has ongoing patent infringement litigation, all initially filed in the Eastern District of Texas, against Google, YouTube, Apple, Facebook, Microsoft, Amazon, Yahoo, HP, IBM and others.
The Royalty-Free License Program is effective immediately and will be offered until January 31, 2014 to participants determined by PersonalWeb to be qualified. The Program is not available to defendants in the ongoing litigation or to anyone who has already received a notice of infringement from PersonalWeb. For further details, visit http://www.TrueLicensing.com or contact PersonalWeb at license(at)truelicensing(dot)com.
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About PersonalWeb: PersonalWeb was established in Tyler, Texas by a team who has been responsible for creating some of the Internets most popular software and applications used by tens of millions of people worldwide. The company develops products based on its patented technology that is important for many elements of cloud computing technology, distributed search engine file systems, social media and content addressable storage. For more information, please visit http://www.personalweb.com.