Cybersettle, Inc., the world leader in accelerated dispute resolution, whose President is the co-inventor of Cybersettle's automated, online, double-blind bid system, today announced it has won a major patent infringement case it filed against National Arbitration Forum (NAF), a Minnesota-based company that had been hired to administer New Jersey's No Fault Automobile Insurance Personal Injury protection. The New Jersey Federal District Court ruled that two versions of NAF's online dispute resolution system in New Jersey were in direct violation of Cybersettle's patent, U.S. Patent No. 6,330,551 that covers, among other things, an automated, online, double blind, dispute resolution system capable of multiple rounds of bidding. The decision, which re-affirms the patent and its coverage of such systems, should serve as a powerful deterrent to other would-be on-line dispute resolution system infringers.

Posted by GEN-ERIC at 12:03:49 am into the following categories: In The News

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