JOOLA and Paddletek Group Settle Patent Dispute
"We are grateful Paddletek and ProXR Pickleball chose to resolve this matter in a spirit of mutual respect," said
"We take intellectual property protection seriously and rely on it in our own business with a multitude of our own patents and trademarks" said
As part of the agreement, both Paddletek and ProXR Pickleball will add JOOLA's propulsion core patent number to their relevant products and pay royalties. Paddletek and ProXR Pickleball may continue to sell through and phase out the affected products through the fall.
The resolution with Paddletek and ProXR Pickleball does not affect the ongoing ITC litigation against the remaining nine respondents named in the
"Pickleball is built on innovation, and innovation only thrives when it is protected. We appreciate Paddletek Group working with us to find a mutually amenable outcome," said
About JOOLA
Founded in 1952, JOOLA is a globally recognized brand specializing in table tennis and pickleball equipment. For more information, visit www.joola.com.
About Paddletek Group
Founded in 2012 Paddletek is globally recognized as one of the first, most trusted, and leading manufacturer of pickleball paddles. For more information, visit www.paddletek.com
JOOLA MEDIA CONTACT
Name:
Email: [email protected]
Phone: 312-213-0300
PADDLETEK MEDIA CONTACT
Name:
Email: [email protected]
Phone: 847-904-2806
View original content to download multimedia:https://www.prnewswire.com/news-releases/joola-and-paddletek-group-settle-patent-dispute-302771249.html
SOURCE JOOLA
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Primax Tymphany Group Advances Intelligent Robotics and Automation with AI Sensor Fusion at Automation Taipei 2026
- CREDIT SUISSE HIGH YIELD CREDIT FUND ANNOUNCES BOARD APPROVAL OF A REVERSE SHARE SPLIT
- Lyntris Inc. Announces Pricing of its Initial Public Offering
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share