“STS is the latest licensee to recognize the depth of our patent portfolio,” said Nathan Hale, CEO of Sawgrass Technologies. “We have new patents being issued all the time and a portfolio that continues to be relevant well into the future. STS is one of the younger companies in our industry, and it is nice to see new innovation continuing in what we believe is still a very early growth phase of an explosive market for digital printing.”
STS joins an exclusive group of companies who have signed similar license agreements with Sawgrass, including BASF, Huntsman, InkTec, J-Tech (now part of the Kiian Group), Kiian Group, Kiwa Chemical, Mimaki Engineering Company, Nazdar and Sensient Technologies.
Sawgrass owns a patent portfolio of more than 160 patents issued globally and continues to expand with substantial investment in cutting-edge research on digital printing solutions. STS has a global distribution network and has signed a license agreement that allows them to sell their own manufactured dye sublimation ink around the world for use with printers having a carriage width greater than 42 inches.
“STS has collaborated with Sawgrass on various projects because we share a common belief in producing high-quality digital products,” said STS Founder Shahar Turgeman. “We value our relationship with Sawgrass and look forward to selling our licensed products globally.”