Alpine 4 Technologies, Ltd. (OTCQB:ALPP) is a leading operator and owner of small market businesses, said it has been approved on one of two patents filed around its Brake Active rear-end avoidance collision product.
The group said the second patent is still pending. Brake Active is manufactured at Quality Circuit Assembly in San Jose, California. QCA is a subsidiary of Alpine 4 Technologies Ltd.
In a statement, Ian Kantrowitz VP of investor relations and a contributor to the Brake Active patent commented: "We are thrilled to receive approval on our Brake Active Patent. The Intellectual property (IP) is of significant value to Alpine 4's holdings. From the beginning, the company has placed more value in these patents, than the potential from retail sales. This approval has been 3 years in the making and gives the company a universal competitive advantage in the third brake light market."
He added: "The patent approval pertains to the use of a microprocessor to control the pulsing of the center high mount stop lamp (CHMSL) on a vehicle. As the OEM manufacturers move away from incandescent bulbs and towards LED lights, the use of a microprocessor driven product becomes required.
"This will leave the competition with only two options; 1.) They can either pay a royalty or 2.) infringe upon the patent. The company will always defend and enforce the strength of its patents and intellectual property."
Alpine 4 Technologies is a publicly-traded conglomerate that is acquiring businesses that fit into its disruptive business model for Drivers, Stabilizers and Facilitators (DSF).
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