ProconGPS Sues Competitors
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KNOXVILLE, Tenn. — ProconGPS Inc., a leading supplier of GPS vehicle tracking solutions, has filed a patent infringement lawsuit in a California Federal Court against Star Sensor, Skypatrol LLC and others.
The complaint is related to U.S. patents 6,249,217 B1 & 6,025,774 and involves an innovative system that applies GPS technology, cellular networks and information systems to monitor loan status for a default condition on a vehicle and to enable tracking to aid the confiscation and repossession process for dealers and finance companies, according to management.
ProconGPS claims the damages could exceed $10 million. The company also plans to seek injunctive relief to restrain competitors from allegedly providing unlicensed products and services.
"As the world's largest subprime vehicle finance asset tracking company, ProconGPS respects other's intellectual properties and will vigorously defend its own," stated Brian Boling, chief executive officer of ProconGPS.
"We continue to provide products that generate significant cost savings and operational efficiencies for our customers. ProconGPS Inc. is committed to continuing the growth of this exciting vehicle finance GPS tracking industry," he concluded.