Spireon, Inc. Files Suit Against CallPass Technology for Patent Infringement

April 20, 2012 - PRLog -- This is the second lawsuit of its kind, filed by Spireon, Inc, regarding patent infringement; the first suit was filed against Star Sensor, Skypatrol and others. The complaint is related to U.S. patents 6,249,217 B1 & 6,025,774 and involves an innovative system that applies Global Positioning Satellite (GPS) technology, cellular networks, and information systems to monitor loan status for a default condition on a vehicle and to enable tracking to aid the confiscation and repossession process for dealers and finance companies. Early estimates are the damages caused by infringing companies could exceed $10,000,000.  Spireon, Inc. will also seek injunctive relief to prevent infringers from providing unlicensed products and services.  
"As the world's largest subprime vehicle finance asset tracking company, Spireon, Inc. respects other's intellectual properties and will vigorously defend its own," stated Brian Boling, Chief Executive Officer, Spireon, Inc. "We continue to provide products that generate significant cost savings and operational efficiencies for our customers. Spireon, Inc. is committed to continuing the growth of this exciting Vehicle Finance CMS and Automotive GPS Solution industry."
About Spireon

Spireon, Inc., is at the summit of business intelligence and committed to going higher. Headquartered in Knoxville, TN, the company emerged in 2011 as the industry leading Mobile Resource Management (MRM) company as a result of the merger of Spireon, Inc., Inc. with EnfoTrace and PFS, LLC , the top three providers in the MRM space. Spireon connects companies to their mobile assets and workforce through game changing information platforms, giving them the power to manage actionable business  intelligence. Inspiring companies to reach new heights with powerful Software-as-a-Service (SaaS) based tools, Spireon provides a sturdy foundation on which to optimize performance.

With leading market positions in the Subprime Automotive Finance industry, Local & Enterprise Fleet Management and Trailer & Logistics markets, Spireon, Inc. specializes in developing strong business relationships with leading companies worldwide, enabling it to offer affordable world-class risk mitigation, mobile asset management and location based services to its  customers. Spireon, Inc.’s patented array of GPS products and information platforms provide business intelligence solutions through industry brands for automotive dealers, lenders, service and delivery fleets and transportation and logistics companies.  Spireon currently has over 1.2 million active devices in the marketplace and forecasts to deliver 800,000 units in 2012. With offices in the North America, Spireon has a proven track record in innovation, customer-focused service, financial stability, powerful vertical distribution networks, and a strong customer base.

For additional information, please visit Spireon, Inc.’s website http://www.spireon.com