ITUS Subsidiary Shields Itself Against Weather ShieldNovember 13th, 2014 by Editor
ITUS Corporation and its subsidiary, J-Channel Industries Corporation (JCIC), are protecting their assets against Weather Shield by entering into a settlement with the company in connection with JCIC’s patented window frame construction technology.
“JCIC has now entered into 30 settlement and/or license agreements with respect to its patented J-Channel Window Frame Construction technology,” says Robert Berman, ITUS’s president and CEO. “We continue to be encouraged with the progress that we are making and the success that we are having.”
The agreement resolves the patent infringement lawsuit filed against Weather Shield on October 9, 2013, which will be dismissed.