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Patent Infringement Lawsuit

Parabit Systems, Inc. files patent infringement lawsuit against Synergistics, Inc., Millenium Group, Inc., Island Master Locksmith Inc., IML Security, Gregory I. Goldman, Cathy T. Goldman, Steven R. London and Marc Seidenberg.

Cellular towers

Parabit Systems, Inc. today announced that it has filed a patent infringement lawsuit against named Defendants, Synergistics, Inc., Millenium Group, Inc., Island Master Locksmith Inc., IML Security, Gregory I. Goldman, Cathy T. Goldman, Steven R. London and Marc Seidenberg. In the Complaint, filed in the United States District Court for the Eastern District of New York, Civil Action Number 19-Civ-0888, Parabit alleges that the Defendants in the lawsuit have infringed and continue to infringe one of Parabit's patents, specifically U.S. Patent No. 8,523,072, entitled "Card Reader Protection System." This valuable patent protects Parabit's pioneering development in, and relates to, card reader protection systems, in particular, devices, systems and methods for detecting card reader skimming devices. The unauthorized use, manufacture or sale of Defendants' allegedly infringing products violates Parabit's patent rights in this technology. Parabit's lawsuit therefore seeks both a permanent injunction and damages in an amount to be determined at trial.

Parabit has a history of introducing groundbreaking products and offerings in the card reader protection system space. Parabit's market-leading ATM access control systems have been in operation since the Nineties, and our highly rated SkimGard® system has been protecting client's customer's card information from skimming fraud using cutting edge proprietary technology since 2016. These innovations have earned Parabit's products recognition from the ATM Industry Association (ATMIA).

"Parabit strives to continually re-invent world-class access control technology giving our clients the best possible experiences when using our products," says Robert Leiponis, President/Owner of Parabit Systems, Inc. "We are committed to our continued investment of significant resources in research and development and in protecting the company's intellectual property through the development of patent and other intellectual-property rights."

About Parabit Systems Inc. (https://parabit.com) Parabit Systems is a leading global provider of innovative security and self-service hardware and software solutions. Relentless commitment to quality has produced a rich tradition of performance excellence in public deployments, serving the company's primary markets of financial services, aviation, corporate, retail, hospitality, healthcare, government, and education. Most widely known for its Contactless NFC BLE Access Control solution for ATM lobbies and self-service banking environments, Parabit serves 25 of the Top 30 banks in the United States, as well as many more federal credit unions, domestic regional and community banks, and international financial institutions. Patented SkimGard technology, providing tamper, cable cut, physical overlay and RFID skimmer detection, is endorsed by all federal and state police agencies.

Parabit is also committed to the community in which we work and live. We are responsible corporate citizens, committing time, resources, and financial support to local service organizations and charities, with a focus on youth development and education.

Media Contact:

Attn: Richard Kick

2677 Grand Ave.

Bellmore, NY 11710

(516) 378-4800

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