General Patent Licenses ACT Patents to Signature Cards

General Patent Corporation (GPC), a leading US patent licensing and enforcement firm, announced today that it has licensed two patents of its client, Advanced Card Technologies LLC (ACT), to Signature Cards, LP of Richardson, TX.

"We've now licensed over 25 companies under the ACT patents," said Kathlene Ingham, GPC's Director of Licensing. "Needless to say, we are very pleased with the results we've been able to generate for our client."

Advanced Card Technologies owns US Patents Nos. 5,720,158 and 5,921,584. These patents generally relate to gift, loyalty and phone cards, as well as other card products that fall within the scope of the patents.

In addition to negotiating licensing agreements on behalf of ACT, General Patent has assisted Advanced Card Technologies in four patent infringement lawsuits related to these patents.

About General Patent Corporation

General Patent Corporation (GPC) is a leading intellectual property boutique focusing on patent licensing and enforcement, and IP strategy and valuation. Headquartered in Suffern, NY, GPC represents patent owners in patent enforcement and assertive licensing matters, and assists patent owners with patent infringement claims and patent litigation on a contingency basis. GPC also provides IP valuation, IP strategy and patent licensing services. General Patent is the managing member of ACT. For more information, visit www.generalpatent.com.

About IP Holdings LLC

IP Holdings LLC, an affiliate of General Patent Corporation, is an IP-centric merchant banking organization. IP Holdings provides IP-related finance as well as IP brokerage services, and operates an idea incubator. IP Holdings is a member of AVT. For more information on IP Holdings, visit www.ip holdings.com.