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HomeMy WebLinkAbout2016 03-11 Sticky lawsuit: $400M dispute over Post-It inventor CNBC 3/11/2016 Sticky lawsuit:$400M dispute over Post-It inventor Sticky lawsuit.- $400M dispute over 4. StfAR 11,1S Post-It inventor COMMENTS Start the 1)nscutssnon 13 Mins Ago ll Kirk McKoy I Los Angeles Times I Getty Images Post—it notes Alan Amron has invented a battery-powered squirt gun, a digital photo frame, even a laser system that may someday provide a visible first-down line for fans inside NFL stadiums. He holds 40 U.S. patents, but he's most interested in an invention for which he gets no credit: the Post-it Note, that ubiquitous sticky-back product made into a worldwide success by the 3 Amron, 67, says he invented what he called the Press-on Memo in 1973, a full year before 3M scientists developed what later became known as the Post-it Note. Although Amron settled a previous lawsuit against 3M, he's suing again in federal court in Fort Lauderdale. He says the company breached its previous agreement not to take credit. The settlement is confidential. Now Amron wants$400 million in damages—and something he says is even more important to him. Ford r: tl��. bicycle�� trc� ��j�gy "I just want them to admit that I am the inventor and that they will stop saying that they are the inventor,"Amron said in a recent interview. "Every single day that they keep claiming they invented it damages my reputation and defames me." 3M, based in Maplewood, MIn nesota, is a one of the 30 companies that make up the Clow Jones Industrial Average on the New York Stock http://www.cnbc.com/2016/03/11/sticky-lawsuit-400m-dispute-over-post-it-i nventor.htm 1 1/3 3/11/20 16 Sticky lawsuit:$4onm dispute over Pov+k|nvvnm, Exchange. The maker ofScotch tape, Ace bandages, sandpaper,fi|me, office products, window insulation, paint remover and hundreds ofother products earned more than $3O billion in revenue in2O15. according tothe oumpeny'oweboite. The company says Post-it Notes were invented by3Mscientists Arthur Fry and Spencer Silver, both members of the National Inventors Hall ofFame. Silver came up with the adhesive—one that could be used over and over yet not mar surfaces to which iL attached—and Fry the idea mf using i1for the small, yellow squares of paper to become sticky-back notes. "3W1 developed Post-it Notes without any input nr inspiration from Mr. Amnon and i1ie false and misleading for him iu state ur suggest that he created, invented, or had any role in the product's deve|opmanL."said company spokeswoman Donna L Fleming Runyon in an email. The company declined to comment further on the lawsuit. �an Diaz|*p Alan xmmn talks mm reporter/n West Palm Beach,Fla.Ammn/o suing uM Company/nmSouth Florida federal court ma dispute overwxo invented the ubiquitous Post-it Note. Fry, now 84 and retired, is named aoa defendant inAmnon's lawsuit, but Silver is not Fry did not respond 1man email and a phone message seeking comment. Silver also isretired, Runyon said. The history mf invention ie full of people competing for credit for the same idea, and often things come about because smart people are working separately. Take the microchip: Texas Instruments and Fairchild Semiconductor battled for a decade in court over who came first and deserved the patent, deciding amid the wrangling it was best to work out a licensing deal for both companies. /\mron said his idea in 1973 came about with chewing gum. He was looking for a way to stick a note on his refrigerator for his wife and used gum, providing inspiration for the adhesive he would use on his Press-on Memo. That year he took the sticky notes toa New York trade show and met briefly with two 3K4 executives, Amrmn said, but nothing came ofthe meeting. Fry and Silver came up with what 3KA originally called the Pn*es'n' Peel memo pad in1Q74' but i1 wasn't brought to the market until 1877 and didn't rmp:Vwww.cnbc.com/2U1s03/11/suok+|a*auit-4O0m'diapute'ovoppost-it-invenmr.mm| uB 3/11/20 16 Sticky lawsuit:$4onm dispute over Pov+k|nvvnm, really take off until 1S8O. when it was renamed the Post-it Note. It's now one of the top-selling items in3[N'e consumer products division,which in 2015 earned $44 billion for all products, company figures show. Post-it Notes have become so iconic that in the 1B&7 movie "Romyand Michele's High School Reuninn."the title characters, played byLisa Kudrow and Mira Somino. claim credit for inventing them to impress their former classmates. Killer roiawk.emroiDioouire inventors don't make U was also in1Q97 that Amron sued 3K8 claiming he was the true inventor. The case was settled, and Amron agreed to release the company from any future claims,which intellectual property lawyers say umuN make his new Florida lawsuit difficult 1owin. "| would predict what he has left perhaps ia the enforcement ofm settlement agreement but not the claims heispumuing."said Miami attorney Jeffrey Feldman, who ia not involved in the case. "The first thing | would want to know ie whether or not there was an agreement between them regarding who was allowed ho say vvhat." Amron said the agreement was that neither could claim credit because, years earlier, o Swiss inventor had supposedly devised a similar product. But that turned out to be a less-useful mdhesiwe, not the entire sticky note, and Amnon said he felt 3M used the Swiss tale totrick him into the settlement-and im now breaching that deal by claiming credit for the product. No trial date ia set for Amnon'a lawsuit, which survived a3M initial attempt last month io get it thrown out based in part on the prior settlement of similar claims.A federal judge has ordered both sides into mediation 10 possibly reach a settlement and set various legal deadlines through December of this year. Meanwhile, 3K8 continues hz invent things. According to the company's year-end 2015 statement, 5G5U.S. patents were granted bz3M—bringing its total tm more than 1Q5.00O. rmp:Vwww.cnbc.com/2U1s03/11/suok+|a*auit-4O0m'diapute'ovoppost-it-invenmr.mm| 3B