VPR Brands (OTC: VPRB), a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), has agreed to a settlement with XL Vape LLC (“XL”), VGOD LLC (“VGOD”) and Saltnic LLC (“Saltnic”). VPR Brands had filed a patent infringement lawsuit in the United States District Court for the Central District of California against those companies. According to the announcement, the XL parties have agreed to pay VPRB a settlement in the amount of $155,000. In addition, VPR Brands granted each of the XL parties a fully paid-up, royalty-free, nonexclusive license to practice the invention set forth in the patent and all related patents and applications, domestic and foreign. The announcement also stated that VPRB owns intellectual property (“IP”) covered in an original patent dating back to 2009, which had been filed for electronic cigarette technology; the patent includes independent claims covering electronic cigarette products containing an electric airflow sensor that turns the battery on and off and covers most auto-draw, buttonless e-cigarettes, cig-a-likes, pod devices and vaporizers using an airflow sensor rather than a button. The company noted that it has been working to notify more than 50 companies using the patented auto draw technology that it intends to vigorously enforce its patent; the company has filed litigation against nine of those companies.
To view the full press release, visit https://ibn.fm/r7rBs
About VPR Brands LP
VPR Brands is a technology company that develops consumer and business products based on the newest cutting-edge technologies and whose assets include an issued U.S. patent for atomization-related products featuring technology for medical marijuana vaporizers and electronic cigarette products and components. The company is also engaged in product development for the vapor or vaping market, including e-liquids, vaporizers and electronic cigarettes (also known as e-cigarettes), which are devices that deliver nicotine and or cannabis through atomization or vaping and without smoke and other chemical constituents typically found in traditional products. For more information about the company, please visit www.VPRBrands.com.
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