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Magpul and Gibbz Arms Settle Patent Infringement Lawsuit

http://www.optactical.com/http://overwatchprecision.com/https://sonsoflibertygunworks.com
    December 14, 2016 — Magpul Industries Corp. announced today that has settled its patent infringement lawsuit against Gibbens Engineering Group, LLC, a/k/a Gibbz Arms, which was pending in the United States District Court for the Western District of Texas.

    Magpul’s initial complaint asserted that Gibbz Arms infringed three Magpul utility patents by selling the “Gibbz Arms Modular Attachment (GAMA) System.” Magpul’s amended complaint reasserted those utility patents and sought a preemptive declaration that Magpul’s M-LOK® system did not infringe any Gibbz Arms patents. Gibbz Arms’ answer to Magpul’s amended complaint asserted as a defense that the GAMA System did not infringe Magpul’s patents.

    The companies settled their dispute on confidential and mutually agreeable terms. Under the terms of the settlement, Gibbz Arms agreed to assign patent rights related to the dispute to Magpul. Adopters and licensees of Magpul’s M-LOK® system continue to have complete freedom to operate without interference, and M-LOK adoption will continue to be available via free license to interested parties.

    About Magpul

    Founded in 1999, Magpul was launched with the intent of developing innovative devices to aid in the manipulation of rifle magazines while reloading under stress. The company’s name comes from this original product called the Magpul®. Over the last decade Magpul has continued to grow and develop using much the same mission and process with a focus on innovation, creativity, and efficiency. Magpul is headquartered in Austin, Texas, and manufactures its products in Cheyenne, Wyoming.

    www.magpul.com
    Media Contact:
    Duane Liptak, Jr.
    Director of Product Management and Marketing
    dliptak@magpul.com
    877.462.4785 x170

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