Press Release: Tailorlux GmbH Obtains An Exclusive Patent License From NCR Corporation
MÜNSTER, May 14, 2020
Tailorlux GmbH, developer of hidden luminescent marking solutions that prove origin and protect the integrity of consumer and industrial textile products, announced that it has obtained a patent license from NCR Corporation. Under the associated agreement, Tailorlux received a field specific exclusive license under a family of NCR patents pursuant to which Tailorlux will make and sell its IntegriTEX® marking and detection solution for textiles to customers in the United States. The solution is designed to support and protect Tailorlux clients by enabling reliable proof of origin for their fiber and textile products (including, e.g., Egyptian, PIMA and recycled cotton, recycled PET, special fibres, filaments and other premium materials), thereby authenticating the products and protecting against counterfeiting, mixing and blending. Tailorlux will pay ongoing licensing fees to NCR pursuant to undisclosed financial terms.
“Tailorlux is pleased to have obtained an exclusive license under a powerful family of NCR patents. Pursuant to this license Tailorlux will bring its proprietary textile marking solutions to the US marketplace to provide a high level of security for our customers with textile applications,” remarked Alex Deitermann, Co-Founder and Managing Director of Tailorlux.