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Declaration of Patent Infringement
Source:Timewaying | Author:VIKI | Publish time: 2015-09-06 | 1011 Views | Share:

Shenzhen Timewaying Technology Co.,Ltd (NEEQ stock code:832024) hereby declare solemnly: in order to safeguard the legitimate rights and interests of our company and protect FREEDEO’s (Timewaying owned brand) proprietary intellectual property rights of  Cinema 3D system products, we have taken legal action aginst Shandong Luxin-Rio Visual Technology Co.,Ltd.and Guangzhou Yuhe Optics Technology Co., Ltd., and Shenzhen Future 3D Technology Co., Ltd., and Shenzhen Levision Technology Co., Ltd. for 3D cinema system product patent infringement. These legal cases were all accepted by court and now being processed.

 

As the forerunner and leader of Chinese localized cinema 3D system technology supplier, Timewaying developed the first passive 3D system independently in 2011. And later developed world-leading high efficiency 3D cinema system product together with China Film Equipment Co., Ltd. and the China Research Institute of Film Science & Technology. This product possessed core technology and independent intellectual property rights (Patent No. 201210589646.9; 201320549548.2;), and won the Cinema Technology Application Award issued by the State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China. The ultimate version of this product achieves light efficiency of 34.7% which sets a new record in the world.

 

The background of these legal actions is that some competitors has been using malicious slander against Timewaying's reputation. They are disturbing customers' purchase decision in illegitimate ways. Timewaying is taking legal actions against their patent infringement in order to defend Timewaying's right.