‘They’re completely different products’: IO HAWK President John Soibatian not concerned about infringing on Hovertrax patent

“It would be like apples and oranges,” says IO HAWK President John Soibatian when speaking to CNN iReport about the comparison between his product and that of Hovertrax. Hovertrax has recently emerged — with recent news of Mark Cuban partnering up with patent owner Shane Chen — as the self-proclaimed “only one legal version,” on which Cuban says “every other board is …

Exclusive: Mark Cuban is coming after Chinese ‘Hoverboard’ knockoffs with patent

TMZ reports that Mark Cuban and partner Shane Chen own the patent of the self-balanced scooter, commonly referred to as “hoverboards.” According to TMZ, Shane Chen got the patent in 2014 for a “two-wheel, self-balancing vehicle with independently movable foot placement sections.” TMZ reveals Cuban and Chen sued IO Hawk (an “alleged knockoff” company) in June, and now plan to …