Legal

In business, there are numerous instances in which one party may want to share confidential information with another party. The key to doing so safely is making sure that the other party is bound to respect the confidential information. One common way to protect the secrecy of confidential information given to another party is through the use of a Non-Disclosure Agreement (NDA), which is sometimes also referred to as a Confidentiality Agreement.

Epsion due to its highly sensitive and innovative technology can not disclose or convey to its business partners information about its proprietary business and technology without a suitable NDA. The areas covered by a standard NDA include:

• Presenting an invention or business idea to a potential partner, investor, or distributor
• Sharing financial, technological, and other information
• Showing a new product or technology to a prospective client or licensee
• Receiving service

Another  issue arising frequently is whether  the software developed by an innovative company can be efficiently protected and used by its partners and clients. Patents are typically reserved  for software that contributes to  solving a technical problem by essentially technical means. Resolving the question of whether a newly developed application conflicts with other people’s intellectual property rights can be very complicated.

Epsion  is uniquely positioned due to its extensive business, legal,  and scientific contacts across Europe and the US to advise on a tailored software solution based on AI that respects all aspects  of  intelectual property laws.