By LaserLock Technologies, Inc.
PHILADELPHIA, Nov. 29, 2011 /PRNewswire/ -- McDonald Corporation's Monopoly® promotion is the subject of a federal patent infringement suit launched by LaserLock Technologies, Inc. (OTC Ticker: LLTI) it was announced today. LaserLock initiated the suit in 2010 against WS Packaging Group of Green Bay, Wisconsin, one of the largest label converting operations in North America, who manufactured the game pieces on behalf of McDonald's.
LaserLock alleges that McDonald's used the Company's patented technology to protect more than 1.5-billion Monopoly® game pieces from being counterfeited which were manufactured by WS Packaging Group between 2009 through 2011. LaserLock has issued a federal subpoena of McDonalds.
On November 8, 2011 under the headline "McDonald's Monopoly Gives Boost to Sales" MSNBC US Business News Report said "McDonald's reported higher than expected rise in worldwide October sales at established restaurants aided by a popular promotional game in the United States. Same restaurant sales rose 5.2% in the United States beating analysts' expectations for an increase of 3.7% and helped by the Monopoly game promotion."
LaserLock Technologies, Inc., based in Bala Cynwud, PA markets security technology solutions to protect documents and products from being counterfeited.
"The Company plans to vigorously pursue this violation of its patent rights over a three year period," said Norman A. Gardner, Chairman & Chief Executive Officer of LaserLock. "We have put in place the resources that will be required to pursue this matter to its conclusion."
Source: http://www.sacbee.com/2011/11/29/4087128/mcdonalds-monopoly-promotion-subject.html#ixzz1fB0GyPH5
Published: Tuesday, Nov. 29, 2011 - 10:10 am
Category: Patent Infringement
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| McDonald's |
LaserLock alleges that McDonald's used the Company's patented technology to protect more than 1.5-billion Monopoly® game pieces from being counterfeited which were manufactured by WS Packaging Group between 2009 through 2011. LaserLock has issued a federal subpoena of McDonalds.
On November 8, 2011 under the headline "McDonald's Monopoly Gives Boost to Sales" MSNBC US Business News Report said "McDonald's reported higher than expected rise in worldwide October sales at established restaurants aided by a popular promotional game in the United States. Same restaurant sales rose 5.2% in the United States beating analysts' expectations for an increase of 3.7% and helped by the Monopoly game promotion."
LaserLock Technologies, Inc., based in Bala Cynwud, PA markets security technology solutions to protect documents and products from being counterfeited.
"The Company plans to vigorously pursue this violation of its patent rights over a three year period," said Norman A. Gardner, Chairman & Chief Executive Officer of LaserLock. "We have put in place the resources that will be required to pursue this matter to its conclusion."
Source: http://www.sacbee.com/2011/11/29/4087128/mcdonalds-monopoly-promotion-subject.html#ixzz1fB0GyPH5
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