Bytemark and GlobeSherpa Have Settled Their Patent Dispute.

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Bytemark and GlobeSherpa Have Settled Their Patent Dispute.

GlobeSherpa Inc. and Bytemarke Inc. have recently announced that they’ve settled the patent infringement case brought by Bytemark before the U.S. District Court for the Eastern District of Virginia. Pursuant to the settlement, the lawsuit shall be dismissed and the companies with enter into a patent cross licensing agreement.

Settlement.

As part of this recent settlement, GlobeSherpa shall license the applicable Bytemark patent and has agreed o being Bytemark on as a subcontractor for the Virginia Railway Express mobile ticketing project.

“We are happy to have resolved this dispute,” said Nat Parker, CEO of GlobeSherpa. “We believe moving past this litigation and developing a more collaborative relationship with Bytemark will benefit our transit customers and the industry at large.”

CEO of Bytemark, Micah Bergdale, commented, “Bytemark is proud to provide our patented solution to the VRE mobile ticketing project. This settlement enables continued innovation in the mobile ticketing industry, and we are excited to subcontract with GlobeSherpa to help deliver a world-class product to the Washington, DC area.”

Works.

GlobeSherpa provides a secure mobile ticketing platform for transit agencies, parking lot operators, and event management companies who are interested in moving towards open payments, open data, and mobile fare collections. During September 2013, GlobeSherpa launched its TriMet Tickets, the first multi-model mobile ticketing system in the U.S. They are currently working on bringing their mobile ticketing solution towards other major systems across the country.

Bytemark is a New York startup with offices based in the UK and Australia, Bytemark provides mobile ticketing and payment solution for transit, attractions, and events, during January 2012, Bytemark launches its first mobile ticketing application for a major U.S. transit agency with the release of NY Waterway application. Bytemark is focused upon providing its partners with the tools they need to navigate the rapidly evolving mobile ticketing industry.

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