Strix Group Plc Successful Patent and IP Protection

Mark Bartlett, Chief Executive Officer, commented: “We take protecting our innovative technology and superior products very seriously, ensuring that customers can continue to trust and rely on products using Strix technology. We continually monitor appliances in the market to prevent the sale of products that do not meet international standards or that infringe our IP. We will continue to take further action, as appropriate, reinforcing our market leading brand and ensuring that consumers can benefit from safe, high quality products.”

Strix Group Plc (LON:KETL), the AIM listed global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, is pleased to provide an update on its patent protection strategy.

Strix has a portfolio of intellectual property protecting a variety of product features across its product range. The portfolio includes over 150 patents and Strix relies on these and, where they have expired, other IP and unfair competition law to take legal action, both to defend the Company’s commercial position and ensure consumer safety. Examples of action taken in the last six months in China and Europe include:

 
      --   As detailed in the recent Preliminary Results 
            announcement, the China domestic market 
            has seen an increase in electronic multi-cooker 
            appliances and Strix will launch a revised 
            control in H2 2018 to secure a share of 
            this growth opportunity whilst continuing 
            to defend its existing patented technology. 
            Against this background, Strix brought 
            patent infringement claims against 19 appliances 
            sold by Bears Electric Appliances Co., 
            Ltd to the Shanghai IP Court which was 
            successfully settled as set out below. 
      --   In an example highlighting the different 
            ways the Company can protect its position 
            concerning its older products, Strix brought 
            a claim based on copyright law against 
            Adriaanse Import & Export B.V. and Edco 
            Eindhoven B.V. who had imported kettles 
            into the Netherlands which, according to 
            Strix, incorporated copies of its controls 
            and connectors. The parties subsequently 
            settled matters as set out below. 
      --   Strix continues to monitor growing internet 
            product sales and takes action where appropriate. 
            The Company recently brought complaints 
            of electronic kettle patent infringement 
            to the attention of Amazon which swiftly 
            resulted in five webpages being removed 
            from their platforms across Europe. One 
            vendor, Kinden, settled with Strix as set 
            out below, agreed to replace the alleged 
            infringing electronic kettle control with 
            a Strix product and has since been re-listed. 

 

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