SOURCE: INFORM GmbH

INFORM GmbH

April 22, 2015 11:06 ET

INFORM Protects Its Investments in Research and Innovation

BERLIN, GERMANY--(Marketwired - Apr 22, 2015) - INFORM GmbH, a leading provider of software solutions in risk assessment and fraud prevention, has announced that it will reinforce the protection of its intellectual property in fuzzy logic technology. INFORM has been a pioneer of progressive solutions for many years and has made substantial investments in research and development. To safeguard INFORM's investments, the company has decided to take legal action against any misuse of their technology patent.

Yesterday, INFORM filed a patent infringement suit at the state court of Düsseldorf in Germany. In this legal case, INFORM claims that respective products infringe the European patent EP 1 208 541. INFORM's aims is to prohibit the future sale of such software products and to recover any damages from the past. A nullity suit has been filed against the patent.

"We are confident that we will win at the state court of Düsseldorf," says Adrian Weiler, CEO at INFORM. "The state court of Düsseldorf already confirmed in writing that there are serious indicators for a patent infringement by a certain product. We will not tolerate that our protected innovations, developed by us for our customers, can be misused by others," adds Adrian Weiler.

About INFORM GmbH

INFORM Software is the global leader in mitigating risk when conducting Internet and mobile banking by implementing intelligent, customer-centric fraud detection and prevention solution. With RiskShield we offer a self-learning fraud prevention solution that detects and manages suspicious activity based on known patterns in an account or with transaction activity within an institution, minimizing losses, optimizing efficiencies, and protecting customers from fraud. RiskShield provides a robust solution with superb fraud detection results that are reliable, fast and responsive for the largest payment and card services providers in the world, including First Data, Equens, SIA, ING, SNS Bank and Rabobank. More than 1,000 companies worldwide benefit from using advanced optimization software systems by INFORM in industries such as transport logistics, airport resource management, production planning, payment & card fraud management and insurance claim optimization. INFORM employs over 550 staff from more than 30 countries.

www.riskshield.com

Winner of the Merchant Payments Ecosystem Award 2015 for Best Data Security Solution.

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