Transcript

After having battled for more than two years over E-Vapour Technology,the e-cigarette maker Fontem Ventures and an independent e-cigarette

manufacturer NJOY Inc have settled their patent disputes amicably tomove ahead. With this, both the parties will put an end to all their

differences over e-vapour technology in the USA and Germany. Underthe terms of the settlement, Fontem Ventures has granted NJOY, Inc. and

its affiliates a non-exclusive royalty-bearing global license under thepatents-in-suit and certain other vapour technology related patents. The

remaining settlement terms are confidential.

Daily Intellectual Property [18 November, 2015]

SAGACIOUS IP

Fontem Ventures and NJOY, Inc. AnnounceSettlement Agreement In Relation to E-Vapour

Technology Patents

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