d

Valence Technology prevailed in today’s decision by the Opposition Board of the European Patent Office (EPO) to revoke the European Patent granted to the University of Texas (UT) relating to lithium metal phosphates. The decision revoking the Goodenough et. al. UT European Patent eliminates any risk that UT could assert the European Patent against Valence’s proprietary lithium iron magnesium phosphate cathode material, which is a critical material for the next generation of electric vehicle batteries.

Valence had initiated opposition proceedings in the EPO on July 27, 2005, against the grant of the European Patent held by the University of Texas alleging that it lacked novelty. As a result of today’s decision, European Patent number 0904607, originally issued to UT, has been revoked by the EPO in its entirety. The decision to revoke the patent can be appealed by UT.

“Today’s decision by the European Patent Office was an important one for our company,” said Robert L. Kanode, president and CEO of Valence Technology, Inc. “By revoking the European Patent, the cloud of any possible patent infringement claim under the UT European Patent has been removed affirming Valence’s unrestricted right to market its unique, patented lithium phosphate powder batteries in Europe. The decision will allow us to more fully pursue European OEMs, who are the world leaders in electric vehicles. We have already established the proven performance and supply capability for our innovative battery solutions, and now our unrestricted right to market our proprietary lithium phosphate based energy storage solutions in Europe has been confirmed.”

Tags: 501c3, accountants, Accounting, accounting services, ACH transactions, activities, amendment, apostille, assumed name, balance, banking, bill payment service, brad inman, business banking, business filings, business finance, business licenses, business services, c-corp, CALIFORNIA ASSOCIATION OF REALTORS, CEO mobile service, certification of good standing, certified copy, certified public accountants, compliance services, consumers, conversion, corporate banking, corporate kit, corporate law, corporate services, corporation, CPA’s, DBA, dissolution, document, document retrieval, elawyering, eni number, entertainment business, fast incorporation, fast LLC, federal tax wires, financial findings, foreign qualification, form a business, Free LLC, getting a trademark, incfile, incorporate, incorporation, independent director, independent member, joel singer, lawsuit, legal document, legal issues, legal zoom, legalzoom, limited liability company, limited liability partnership, limited partnership, LLC, long beach, megan minich, merger, mobile banking, mobile version, name preservation, non-profit, non-profit companies, online banking, professional practice, registered, registered agent service, reinstatement, reporting information, residential brokerage, rocket lawyer, s-corp, seal, secretary of state, service mark, small business tools, solutions, springing member, start an entertainment company, start your own company, stock designation, tax identification number, tax-exempt, tech tuesday, trademark, UCC filings, ucc search, users, Vcorp, vcorp services, wells fargo, wired for change

This entry was posted on Monday, January 12th, 2009 at 4:53 am and is filed under Patents. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.