QualityStocksNewsBreaks – Quest Patent Research Corp. (QPRC) Subsidiary Alleges Patent Infringement by Apple Inc.

New York City-based intellectual-property (“IP”), asset-management firm Quest Patent Research (OTCQB: QPRC), through its majority-owned and controlled subsidiary Quest NetTech, filed a lawsuit on against Apple Inc. on April 12, 2019, alleging willful and deliberate infringement of US RE38,137. An article discussing the company reads, “Operating through majority-owned and controlled subsidiaries, Quest Patent Research’s commitment is clearly illustrated by a recent case involving a universal financial data system technology currently in its portfolio and which Quest maintains has been infringed by Apple Inc. (NASDAQ: AAPL). . . . As per the complaint filed with the court, the accused devices include ‘electronic devices such as, but not limited to the iPhone 6 (hereinafter the ‘Accused Devices’). The Accused Devices, together with Apple’s software components such as, but not limited to, Apple Pay, iOS 8, iOS 9, and/or iOS 10 are configured to interact with Apple’s servers which provide the Apple Pay service, among other services provided by Apple and utilized by Apple’s customers when operating the Accused Devices. The complaint also states that ‘NetTech has not licensed or otherwise authorized Apple to make, use, offer for sale, sell, or import any Accused Devices and/or products that embody the inventions of the RE38,137 Patent.’ The case is pending in the U.S. District Court for the Eastern District of Texas; Case No. 2:19-cv-00118-JRG.”

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About Quest Patent Research Corp.

Quest Patent Research operates as an intellectual-property, asset-management company delivering financial, strategic and legal resources for IP monetization. It partners with inventors, businesses, corporations and law firms to fully realize the value of IP assets through its suite of value-added services. Quest currently owns, controls or manages more than 115 patents across 11 intellectual property portfolios. Quest trades on the OTCQB Venture Market for early-stage and developing U.S. and international companies. For more information, visit the company’s website at www.QPRC.com.

NOTE TO INVESTORS: The latest news and updates relating to QPRC are available in the company’s newsroom at http://ibn.fm/QPRC

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