INSIDE Secure announced the launch of a near field communication (NFC) patent licensing program with France Brevets, the first investment fund dedicated to patent promotion and monetization in Europe. The program will make the INSIDE Secure NFC patents available to device manufacturers building the next generation of products that will support a wide range of contactless payment, transit, access control, loyalty, ticketing, and other services.

Under this agreement, France Brevets will manage and lead all the efforts under the NFC licensing program. France Brevets will give device manufacturers access to the INSIDE Secure NFC patents, which include both essential and implementation-specific approaches for NFC. The licensing program will address multiple categories of NFC device manufacturers, such as those making smartphones, feature phones, tablets, laptops, PCs, TVs, and smart meters.

“We are delighted to announce this strategic agreement with France Brevets and to be able to give the industry access to the unique NFC technologies developed by INSIDE Secure over the last 12 years under fair and reasonable conditions. We value the long-term approach taken by France Brevets and their commitment to deliver value over the technology adoption cycle,” said Remy de Tonnac CEO of INSIDE Secure.

“We are extremely proud to support one of the leading French technology companies,” said Jean-Charles Hourcade, General Manager of France Brevets. “We are enthusiastic about launching this licensing program which will both foster a rich ecosystem and ensure a legitimate reward to INSIDE Secure for their investment in research.”

INSIDE Secure’s market-leading SecuRead^® and MicroRead^® products take advantage of these NFC patents. INSIDE’s current and future device manufacturer customers, therefore, benefit directly from purchasing these products without the need for separate patent licensing.

France Brevets has already started to rollout the licensing program. Details of the licenses, patents, licensing terms and conditions are available upon request from France Brevets.