Trek 2000

how can they claim to be the first when eye-fi has been around for years???

How much $ will Trek collect? Bet it is significant!


News tonight: Trek 2000 International says it has reached an out- of-court settlement with Verbatim Corporation Group, two of eight companies against which Trek filed an International Trade Commission (ITC) complaint for alleged infringement of four USB-flash drive patents.
Under the settlement, Trek grants to Verbatim a non-exclusive, non-transferable, irrevocable license under the licensed patents to make, have made, use, import, offer to sell and/or sell licensed products worldwide during the term of the licensed patents.

Trek’s ITC complaint filed on June 15, 2011 requests an exclusion order from the ITC that prohibits the importation of infringing products into the United States, as well as a cease and desist order prohibiting the sales of infringing products in the United States. The Complaint seeks to block the importation of infringing USB flash drives that violate Trek’s intellectual property rights.

I suspect there is some insider buying of Trek today, its volume used to be in a couple of hundred lots, and there are days that it couldn't even cross the 100 lots mark.
Today, it suddenly went to a high of 35cents before it dried up again. and volume was close to 2000 lots even before mid-day.
Btw Joes, DWG, expect 1 million USD for verbatim per year due to licensing fees
 

interesting.. special situation of court cases might be an earning boost doesn't know much about trek2000 except that they are the creator of thumbdrive.. (which again, not many people knows abt this!) anybody who have researched much abt trek2000 care to elaborate further? as to why trek2000 is considered attractive despite an expensive p/e of 20..also does anybody know how does licensing fee works? what are the costs derived to it? briefly looked through their AR2010 and profit from licensing fee yield 24% margin.. the compensation might provide a good boost to its overall margins..

danzing: A few articles here.....
U can type in Trek in the SEARCH box on the top right hand corner of this website, got a couple of stories that will appear.
For example:
[url=http://www.nextinsight.net
/story-archive-mainmenu-60/912-2011/4246-anwell-what-analysts-now-say]TREK 2000, ANWELL, SERIAL SYSTEM: What analysts now say.....[/url]
 
[url=http://www.nextinsight.net
/story-archive-mainmenu-60/912-2011/4220-trek-2000]TREK 2000: FluCard, Ai-Ball and apps set for takeoff[/url]


 

I think this article by The Edge gives us an idea of the launch pad for Trek's court action against 8 international companies that are alleged to have breached ThumbDrive patents.
US courts rule Trek’s ThumbDrive trademark is not generic
WRITTEN BY THE EDGE   
TUESDAY, 07 DECEMBER 2010 13:18
Trek 2000 International, the Mainboard-listed engineering solutions provider and inventor of the ThumbDrive and FluCard, says it has won a “significant trademark victory” in the US courts.
The Trademark Trial and Appeal Board of the United States Patent and Trademark Office has ruled that Trek’s ThumbDrive trademark is not generic and is entitled to full registration on the Principal Register of the US Patent and Trademark Office.

This means Trek is the only manufacturer in the world that can sell the ubiquitous flash drives under the ThumbDrive brand.

 
Trek says CEO Henn Tan coined the mark ThumbDrive in 2000 in connection with Trek’s pioneering invention of the flash drive. In 2007, Trek applied for US registration of its ThumbDrive trademark on the Principal Register of the US Patent and Trademark Office. 

However, the Trademark office refused to register ThumbDrive, arguing the mark was “generic”. Fearing that its ThumbDrive trademark would go the way of other unique and famous marks such as Aspirin, E-Mail, Zipper, and Escalator that became generic and lost all of their value, Trek took it to the US courts.