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Florida Patent Holder, Every Penny Counts, Inc., Sues Bank of America for Patent Infringement in Federal District Court in the Middle District of Florida

Florida patent holder and intellectual property company, Every Penny Counts, Inc., has sued Bank of America for patent infringement in the United States District Court for the Middle District of Florida.  As a Florida patent attorney, I find this case of particular interest. Every Penny Counts, Inc. is the owner of U.S. Patent No. 6,112,191 which describes a business method patent focusing on a savings/investing/donating program in its patent issued in August, 2000. This case is just one more in a series of high profile patent infringement actions filed recently that illustrate the importance of securing patents for new business methods.  Patents are not just for "widgets" anymore.  According to a quote in Businessweek: "In October, 2005, Bank of America brought out a radically different product that broke the paradigm. It’s called ‘Keep the Change.’ The concept solves a critical banking problem — how to get consumers to open n