Spin Master and Alpha Group Resolve Patent Disputes Relating to Award-Winning Bakugan(R) Toy

Entertainment Press Releases Tuesday January 15, 2019 10:21
TORONTO--15 Jan--PRNewswire/InfoQuest

Spin Master Corp. (TSX:TOY; www.spinmaster.com) and Alpha Group Co., Ltd. of Guangzhou, Guangdong, P.R. China, are pleased to announce that their disputes in Canada, the United Kingdom, and the United States regarding transformable toys have been resolved amicably. Among the terms of settlement are Alpha Group's agreement not to sell, after January 31, 2019, the Screechers Wild! products identified in the three cases in the three countries subject to the settled disputes.

"We are very proud of the innovative technology behind the Bakugan products," Chris Harrs, General Counsel, Spin Master Corp. "Spin Master has a history and reputation for enforcing our intellectual property and we will continue to vigorously protect our rights where necessary."

Spin Master filed and obtained world-wide patents to protect the transformation mechanism associated with its award winning and successful Bakugan(R) toys. Spin Master takes great care to protect its innovative transforming technology in major territories around the world. Spin Master currently has outstanding law suits filed against Mattel in Canada, The United States and Mexico alleging Mattel's Mecard product infringes the Bakugan technology.

About Spin Master

Spin Master (TSX:TOY; www.spinmaster.com) is a leading global children's entertainment company that creates, designs, manufactures, licenses and markets a diversified portfolio of innovative toys, games, products and entertainment properties. Spin Master is best known for award-winning brands including Zoomer(R), Bakugan(R), Erector(R) by Meccano(R), Hatchimals(R), Air Hogs(R) and PAW Patrol(R). Since 2000, Spin Master has received 103 TIA Toy of The Year (TOTY) nominations with 28 wins across a variety of product categories, including 13 TOTY nominations for Innovative Toy of the Year. To date, Spin Master has produced eight television series, including 2007 success Bakugan Battle Brawlers and current hit PAW Patrol, which is broadcast in over 160 countries and territories globally. Spin Master has 28 offices and employs over 1,700 people globally in Canada, United States, Mexico, France, Italy, United Kingdom, Russia, Slovakia, Poland, Germany, Sweden, the Netherlands, China, Hong Kong, Japan, Vietnam and Australia.

For further information - Investors: Mark Segal, Executive Vice President and Chief Financial Officer, marks@spinmaster.com; Media: Tammy Smitham, Vice President, Communications & CSR, mediarelations@spinmaster.com

Logo - https://mma.prnewswire.com/media/807895/Spin_Master_Spin_Master_and_Alpha_Group_Resolve_Patent_Disputes.jpg

Latest Press Release

KILORUN BANGKOK 2019 Lets Run Eat Fun on the route where two cultures meet through the landmark dragon road like #Yaowarat, the paradise of foodies around the world.

KILORUN BANGKOK 2019 would like to invite every runners, foodies and travel junkies to join in the route where two cultures, Thai and Chinese, meet. For the first time, KILORUN will be hosting the event on the famous dragon road, Yaowarat or known as...

Machine Gun Kelly - Hotel Diablo World Tour in Bangkok

Rapper and rising actor, Machine Gun Kelly will continue to blaze through 2019 as he prepares to embark on The Hotel Diablo World Tour, in support of his duly titled forthcoming album. The Cleveland artist will make his first performance in Bangkok,...

Donald Glover and adidas Originals officially launch Donald Glover Presents

- Donald Glover Presents is the creative partnership between the multi-talented artist and iconic sportswear brand - Glover re-imagines classic adidas footwear styles, the Nizza, the Continental 80, and the Lacombe - Donald Glover Presents is a new...

FATBOY SLIM to headline S2O 2019 The much-awaited festival comes back bigger and better

S2O, the world's most famous Songkran Music Festival, is ready to fill humid Bangkok with blasts of cool water, pulsating beats from the world's top DJs, and one of Asia's most awesome and biggest productions. This music festival during Thailand's most...

South East Asia Hotel Investors Summit (SEAHIS) returns for the third year, bringing over 80 top speakers to the Westin Grande Sukhumvit, Bangkok

The South East Asia Hotel Investors' Summit returns for its third edition in May and will again feature top executives from both hotel owning groups and management companies and a range of cutting-edge topics. SEAHIS focuses heavily on the issues facing...

Related Topics