SOURCE: Endeavor IP, Inc.

May 14, 2015 06:00 ET

Endeavor IP, Inc.'s Wholly-Owned Subsidiary, Endeavor MeshTech, Inc., Announces It Has Filed Another Patent Infringement Lawsuit

NEW YORK, NY--(Marketwired - May 14, 2015) - Endeavor IP, Inc. (OTC PINK: ENIP) ("Endeavor"), an intellectual property services and patent licensing company, announced today that its wholly-owned subsidiary Endeavor MeshTech, Inc. ("MeshTech") has filed another patent infringement lawsuit.

MeshTech filed a patent infringement lawsuit against Nexgrid, LLC in the United States District Court for the Eastern District of Virginia.

The lawsuit alleges that the defendant has infringed and continues to infringe the claims of U.S. Patent Nos. 7,379,981, 8,700,749, and 8,855,019.

"The filing of this lawsuit against Nexgrid, LLC shows that we continue to aggressively challenge those that infringe upon our intellectual property, as part of our strategy to fully monetize our intellectual property assets," stated Franciscus Diaba, Endeavor's Chief Executive Officer.

About Endeavor IP, Inc.

Endeavor IP, Inc. is an intellectual property services and patent licensing company that is engaged in the acquisition and licensing of intellectual property. Endeavor is based in New York, NY.

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