| A patent is a right that is granted for any device, substance, method or process that is new, inventive, and useful. It is a legally enforceable and gives the owner, exclusive rights to commercially exploit the invention for the life of the patent. Patents give the company the exclusive rights to use and exploit the invention for twenty years from the date of filing of the patent application, and by having patents to our name, this gives us a strong market position, reducing competition and establish ourselves as a prominent player about the technology. Patents also provide positive image for the company as a demonstration of the high level of expertise. In view of the importance of patents in our business, FingerTec have filed a list of patents to protect our technologies. |
