Burroughs Announces Patent Licensing Agreement with Silver Bullet
PLYMOUTH (WWJ) -- Burroughs Inc. said it has reached an agreement with Pensacola, Fla.-based Silver Bullet Technologies Inc. to license Burroughs' U.S. Patent No. 6,546,396 for use in Silver Bullet's Ranger and follow on software product for use with tabletop scanners.
The license allows Silver Bullet to use Burroughs' patented software technology as part of its industry standard common programming interface for multiple scanners models across multiple scanner manufacturers.
Said Alan Howard Burroughs CEO: "Burroughs CAPI software has always been considered the industry leader in flexibility and feature content. The superiority of the Ranger interface when incorporating Burroughs patented features provides a clear advantage to Silver Bullet customers."
Added Bryan Clark, CEO of Silver Bullet: "The licensing of the Burroughs patented features in the Ranger product provides our current and future customers the knowledge that they can utilize a variety of scanners throughout their enterprise in a fully legal manner. This removes the potential legal challenges of obtaining license agreements for multiple scanner models and manufacturers across the enterprise that may be utilizing patented technologies. Ranger solves this dilemma."
All new Silver Bullet Ranger licenses initiated after Aug. 16, 2013 will be covered under this agreement, unless otherwise specified by Silver Bullet. Specific financial royalty terms have not been made public.
Burroughs Inc. products and services include SmartSource check and document scanners, SmartCash cash automation systems, ATM products, ATM parts, enterprise servers, device performance management software, asset recovery, and supplies -- all combined with implementation and maintenance services. The sales organization works through value-added resellers, distributors and directly with clients in more than 55 countries worldwide. For more information, visit www.burroughs.com.
Silver Bullet is a developer of check scanner middleware software. Silver Bullet's Ranger software makes check scanners and ATMs plug-and-play compatible with existing check scanning software applications. For more information, visit www.sbullet.com.
