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

Lenovo G50 & CentOS 7.2 MATE - Fairly solid

Is there a perfect track record for any which distro? No. Do any two desktop environments ever behave the same? No. Is there anything really good and cool about the MATE offering? Yes, definitely. It's not the finest, but it's definitely quite all right. You do get very decent hardware support, adequate battery life and good performance, smartphone and media support is top notch, and your applications will all run happily. On the other hand, you will struggle with Samba and Bluetooth, and there are some odd issues here and there. I think the Gnome and Xfce offerings are better, but MATE is not to be dissed as a useless relic. Far from it, this is definitely an option you ought to consider if you're into less-than-mainstream desktops, and you happen to like CentOS. To sum it all up, another goodie in the growing arsenal of CentOS fun facts. Enjoy. Read more

digiKam 5.2.0 is published...

After a second release 5.1.0 published one month ago, the digiKam team is proud to announce the new release 5.2.0 of digiKam Software Collection. This version introduces a new bugs triage and some fixes following new feedback from end-users. This release introduce also a new red eyes tool which automatize the red-eyes effect reduction process. Faces detection is processed on whole image and a new algorithm written by a Google Summer of Code 2016 student named Omar Amin is dedicated to recognize shapes and try to found eyes with direct flash reflection on retina. Read more

Games for GNU/Linux

Linux Graphics