We plan to relaunch the Bakugan property globally in 2019 and we believe our patents protect the technology behind the product. Added Ronnen Harary, Spin Master's Co-Chief Executive Officer and Co-Founder, 'Bakugan was a global toy phenomenon and we have taken, and continue to take, great care to protect our innovative transforming technology in most major territories around the world.

It is unfortunate when our competitors do not respect our intellectual property rights or do not invest in their own innovation,' stated Ben Gadbois, Spin Master's Global President and Chief Operating Officer. We go to great lengths to protect and enforce our intellectual property against others who try to unfairly capitalize on our innovation. 'Spin Master has been recognized over the years by organizations such as the Toy Industry Association, as one of the industry's most innovative companies. Spin Master's lawsuits against Mattel follow three other patent lawsuits filed by Spin Master involving the Bakugan® technology. Filed in the US, Canada, and the United Kingdom, these lawsuits allege that the Chinese-affiliated Alpha Group has infringed Spin Master's patents by making and selling its Screechers Wild!™ line of transforming toys. The US lawsuit follows three other patent suits involving the Bakugan technology and Mecard toys filed in 2017 against Mattel in Canada, Mexico and Australia. Spin Master has already obtained a favourable judgment of patent infringement against a US reseller of certain prior Turning Mecard products in US Federal Court. Sono Kong was a former Korean distributor of the Bakugan® toys. Spin Master alleges Mattel has used its patented technology in its Mecard toys to create dynamic toy transformations.īased on public information, in 2016 Mattel through a foreign corporation, bought an interest in SonoKong Co Ltd who licenses the allegedly infringing Mecard toys to Mattel. In proceedings recently filed by Spin Master, it alleged that Mattel's Mecard toys infringe at least two of Spin Master's US patents which cover the transformation mechanism.

Spin Master has patent rights in major markets throughout the world to protect the transformation mechanism associated with its award winning and successful Bakugan® toys.

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