Hammerhead Designs Inc. Recognizes Kevin Maret Holeshot Device Patent
December 18, 2009 11:53am
John Clark, President of Hammerhead Designs, Inc. and Kevin Maret, inventor of the pin-style holeshot device, holder of U.S. Patent No. U.S. 7,051,852 B2 announced they have entered into a non-exclusive licensing agreement for past and future royalties on holeshot devices manufactured Hammerhead Designs, Inc. Hammerhead Designs, Inc. acknowledged the validity of the Kevin Maret patent and signed a non-exclusive licensing agreement. A U.S. Patent Office provisional patent was issued to Maret on July 26, 2002. Kevin Maret has been manufacturing his own “Tamer Holeshot Hook Up” holeshot devices with his patent number on the devices. Maret stated: “For years I have put certain manufacturers on notice of the infringement of my patent and offered non-exclusive licensing agreements, but have been ignored to date, except by Hammerhead Designs, Inc., KTM and a few others. I intend to vigorously enforce the patent against any infringing party. Hammerhead Designs Inc. has done the right thing, and others should do so or face treble damages for patent infringement.”
“I am very pleased to have completed this License Agreement with Kevin.” Clark said. “For the past two seasons the Hammerhead Holeshot Device has won more holeshots leading to more race victories than any other brand and these wins led to both the 2008 and 2009 Supercross Championships for our sponsored riders. We respect that Kevin has been awarded this Patent and appreciate the opportunity to continue helping our sponsored teams and riders win races. More than anything else, we are thrilled that this Agreement means that the teams and riders that use our product can continue to do so without any infringement issues.”
“I am very pleased to have completed this License Agreement with Kevin.” Clark said. “For the past two seasons the Hammerhead Holeshot Device has won more holeshots leading to more race victories than any other brand and these wins led to both the 2008 and 2009 Supercross Championships for our sponsored riders. We respect that Kevin has been awarded this Patent and appreciate the opportunity to continue helping our sponsored teams and riders win races. More than anything else, we are thrilled that this Agreement means that the teams and riders that use our product can continue to do so without any infringement issues.”