Press Releases

Fontem Ventures B.V. and NJOY, Inc. Announce Settlement Agreement In Relation to E-Vapour Technology Patents

16.11.15

Amsterdam, The Netherlands, 16 November 2015 – Fontem Ventures, owner of market leading e-cigarette brand blu, and NJOY Inc., an independent e-cigarette manufacturer, today announced they have reached a global settlement agreement that resolves ongoing litigation in the USA and Germany.

The settlement ends one of eight patent infringement cases originally brought by Fontem Ventures and Fontem Holdings 1 in March 2014 in the United States District Court for the Central District of California in relation to e-vapour technology.

Under the terms of the settlement, Fontem Ventures has granted NJOY, Inc. and its affiliates a non-exclusive royalty-bearing global licence under the patents-in-suit and certain other vapour technology related patents.

To read the press release  click here.

blu was founded in the USA in 2009 and is one of the original e-cigarette brands. It was acquired by Fontem Ventures in 2015. As one of the world’s most recognizable vape brands, blu offers adult smokers’ choice through high-quality e-vapour products and e-liquids.

Nerudia was established in 2013 and became part of Imperial Brands in 2017. It is the home of innovation and technology R&D for Next Generation Products (NGP) which includes e-vapour, heated tobacco and oral nicotine delivery. Nerudia is dedicated to creating a world where smokers have choice.

Fontem Ventures is a subsidiary of Imperial Brands PLC, a global consumer organisation and the fourth largest international tobacco company in the world, operating across 120 markets.

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