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IIa Technologies Denies Infringement of Element Six Patents, Vows to Fight Claims

Jan 24, 2016 9:00 AM   By Rapaport News
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RAPAPORT... Lab-grown diamond producer IIa Technologies denied it infringed on patents owned by a De Beers company and vowed to “challenge the validity” of the patents.

Pledging to defend itself against claims from De Beers synthetics business Element Six, Singapore-based IIa said it is a research-led company committed to innovation and has been awarded several patents worldwide resulting from its in-house processes and products.

“We believe we are not in any way infringing on Element Six’s claims,” Vishal Mehta, IIa’s chief executive officer, said in a statement January 21.

“In addition, we will challenge the validity of their patents. IIa Technologies has entered its appearance in the High Court in Singapore and will vigorously defend itself. We will keep our company’s focus on the development and growth of diamonds for our customers. We would like to express our appreciation for the customers and partners that have stood by us and re-affirm our continued support to them to build a healthy grown-diamond ecosystem worldwide.”

Earlier, the De Beers subsidiary alleged in a statement January 12 that IIa was “exploiting Element Six patents for commercial gain,” potentially in both the industrial and jewelry sectors. The patents in question related to the production of materials for optical uses such as infra-red spectroscopy and high-power laser optics, Element Six said.
Tags: De Beers, element six, IIa Technologies , intellectual property, legal, patents, Rapaport News, Singapore, Synthetics
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