Posted April 20, 2017
Innovations4Flooring (I4F), a technology company providing flooring solutions, has signed a strategic partnership agreement with Kowon R&C Corporation based out of South Korea. The partnership will focus on the development of new intellectual property in the LVT flooring product category, and represents a key next step in I4F’s strategy to build a new, strong and open IP company focused on the flooring industry.
Kowon and I4F also announced that in addition to his role as I4F’s CEO and Managing Director of Classen Intellectual Property, John Rietveldt becomes Managing Director of Kowon.
Kowon believes that this partnership with I4F will create more value with its share of Windmöller’s LVT patent rights in the US. Furthermore, Kowon also believes that this agreement will facilitate its contribution to technical advancements in the LVT flooring product category.
Commenting on the new agreement, John Rietveldt said, “The partnership between Kowon R&C Corporation and I4F is significant as this company co-owns key US flooring technologies and has the ability, as well as the competence, to add new, meaningful LVT product innovations to the market.”
Based in Willemstad, Curaçao, Innovations4Flooring is a privately-owned technology company focused on the development of patents and flooring installation solutions.