XPOINT STATEMENT
Xpoint, the geolocation technology company, has become aware that a market competitor, GeoComply, has recently filed a complaint alleging that Xpoint infringes U.S. patent No. 9,413,805. Xpoint believes the allegations are meritless.
The filing of GeoComply’s complaint follows a number of recent public announcements confirming that Xpoint’s geolocation technology is now live in both the USA and Canada with multiple partners in the North American sports betting and iGaming industry.
Xpoint was first formed in 2019, and officially unveiled at the Global Gaming Expo (G2E) in Las Vegas, in October 2021. The company continues to grow and now has 55 staff, working with a growing roster of clients in both the USA and Canada.
Xpoint will not make any further statements on this matter until such time as the legal action has concluded.
