January 12th, 2016 — Hannover, Germany, — Following swiftly upon the issuance of USFloors’ third COREtec® patent, USFloors today entered into sub-licensing arrangements with both UNILIN’s Flooring Technologies and Välinge, granting each the worldwide right to sub-license USFloors’ COREtec® patents to their respective licensees.
“Having the two most important intellectual property licensing companies in the flooring industry validate the strength and importance of our COREtec WPC technology by entering into these arrangements, is a significant achievement for USFloors” said Piet Dossche, CEO and President of USFloors. “These licensing partners will help us shepherd and grow the new category of waterproof luxury vinyl flooring products that we have created while avoiding the chaotic and unproductive battles that prior innovative leaps in the flooring field have spawned.”
”USFloors has done an excellent job introducing COREtec WPC technology to the market. We are very happy to now being able to offer this exciting technology to our licensees,” says Välinge CEO Niklas Håkansso and UNILIN Flooring Industries’ Managing Director Bart Van der Stockt was equally effusive at the prospects of this new offering for UNILIN Flooring Industries’ licensees, “Our licensees will now be able to confidently bring products to market in this significant new floor product category.”
For more information, please contact: Piet V. Dossche, President and CEO of USFloors, Inc. + (706) 278-9491
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