Language Selection

English French German Italian Portuguese Spanish

US firm claims 30bn Euro banknotes infringe its patent

Filed under
Legal

A US-based document security firm yesterday claimed that every Euro banknote in circulation infringes on a patent it owns covering anti-counterfeiting technology. In pursuance of its claim Document Security Systems lodged a lawsuit to recover damages “at the rate of a reasonable royalty” from the European Central Bank of Frankfurt, Germany.

In its complaint lodged in the European Court of First Instance in Luxembourg, the company alleges that all Euro banknotes in circulation infringe its European Patent 455750B1, which covers a method of incorporating an anti-counterfeiting feature into banknotes or similar security documents to protect against forgeries by digital scanning and copying devices.

According to the company, this patent was granted and confirmed valid in 1999 by the Technical Board of Appeals of the European Patent Office. The patent was acquired in 2004 by Document Security Systems, Inc. (DSSI), from the estate of the inventor, the late Ralph Wicker, whose son Tom is now chief technology officer of DSSI.

The twelve countries in Europe changed their currency from individual national currencies to the Euro on January 1 2002, and seven denominations of new bank notes were designed and printed. By the end of 2006, which is the earliest that this case might come to trial, the ECB is expected to have printed or caused to be printed about 30bn Euro banknotes, all of which DSSI believes infringe the patent.

Patrick White, CEO of DSSI, claimed: “The Euro is not the only currency utilising our technologies without authorisation. We believe there are a significant number of other currencies and also traveller’s checks that contain our patented technologies on an unlicensed basis. There are also a number of corporations who may be potential infringers. We plan on addressing each and every instance."

The European Court of First Instance is the court in Europe that deals with claims against European Community Institutions such as the European Central Bank. There is one level of appeal, to the European Court of Justice.

By Robert Jaques
vnunet.com

More in Tux Machines

EXT4 fscrypt vs. eCryptfs vs. LUKS dm-crypt Benchmarks

Given the recent advancements of the EXT4 file-system with its native file-system encryption support provided by the fscrypt framework, here are benchmarks comparing the performance of an EXT4 file-system with no encryption, fscrypt-based encryption, eCryptfs-based encryption, and a LUKS dm-crypt encrypted volume. Read more

Debian GNU/Linux 8 "Jessie" Has Reached End of Security Support, Upgrade Now

Released more than three years ago, on April 25, 2015, Debian GNU/Linux 8 "Jessie" is currently considered the "oldstable" Debian branch since the release of the Debian GNU/Linux 9 "Stretch" operating system series precisely a year ago, on June 17, 2017. As such, Debian GNU/Linux 8 "Jessie" has now reached end of life and will no longer receive regular security support beginning June 17, 2018. Security support for Debian GNU/Linux 8 "Jessie" will be handed over to the Debian LTS team now that LTS (Long Term Support) support has ended for Debian GNU/Linux 7 "Wheezy" on May 31, 2018. Debian GNU/Linux 8 "Jessie" will start receiving additional support from the Debian LTS project starting today, but only for a limited number of packages and architectures like i386, amd64, armel, and armhf. Read more

openSUSE Tumbleweed Is Now Powered by Linux Kernel 4.17, KDE Plasma 5.13 Landed

As of today, the openSUSE Tumbleweed rolling operating system is now powered by the latest and most advanced Linux 4.17 kernel series, which landed in the most recent snapshot released earlier. Tumbleweed snapshot 20180615 was released today, June 17, 2018, and it comes only two days after snapshot 20180613, which added the Mesa 18.1.1 graphics stack and KDE Plasma 5.13 desktop environment, along with many components of the latest KDE Applications 18.04.2 software suite. Today's snapshot 20180615 continued upgrading the KDE Applications software suite to version 18.04.2, but it also upgraded the kernel from Linux 4.16.12 to Linux 4.17.1. As such, OpenSuSE Tumbleweed is now officially powered by Linux kernel 4.17, so upgrading your installs as soon as possible would be a good idea. Read more

today's howtos and leftovers