Friday, 18 August 2000
The first two of NXT's many patent applications in the USA have now been granted. The original Defence Evaluation & Research Agency (DERA) patent (Panel-Form Loudspeaker), which was exclusively licensed to NXT in 1996, has now also been granted in the USA. A total of 376 granted patents out of a total of 1,316 patents and pending applications in 66 countries worldwide have now been confirmed. NXT has a very substantial portfolio of Intellectual Property including its own patent rights, together with those licensed to it by NCT Inc, of Maryland, USA, Sound Advance Systems of California and other technology partners. To achieve this degree of patent protection NXT spends nearly $5m per annum on patent and legal fees.