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Life at the Top Chapter 706

Click, click.

Camera lights flashed endlessly in the conference hall, and all the video cameras were aimed right at the stage. No one wanted to miss any details.

If the fight between them was considered normal competition between two companies, then Valentine’s words had instantly escalated the situation where it now involved the breaking of the law.

The man had used expletives.

The reporters present all flushed in excitement. The trip over suddenly felt really worth it.

There were too few instances of such situations in the country.

Therefore, the moment such instances occurred, they attracted everyone’s attention.

Conrad was very pleased as well. Valentine was becoming more useful to him with every moment. Valentine knew that there were things Conrad was in no position to say, so he jumped out and conveyed the message Conrad wanted to say but could not.

“You’re the one speaking nonsense!”

A loud shout came from beside Jasper, causing everyone present to look over in shock.

Especially Valentine. The man’s expression darkened after being accused and he turned to look at Chad.

“Who says the only way to manufacture goods is with patent rights?”

Chad scoffed and pulled out a piece of document from his briefcase that he brought with him. He opened it before everyone and spoke, “Not only has JW Electronics bought 50% ownership of the MP3 player patent rights from Sentel Corporation, but we’ve also signed an improvement patent agreement!

“So as long as we’ve succeeded in improving the MP3 player, we’re automatically granted the user rights to the patent.”

Chad looked at the silenced group of reporters proudly as he continued, “In addition, JW Electronics will hold complete ownership over our improved patent rights. That means that our Mellow has fully independent intellectual property rights!

“Unlike some companies who seem to be very proud of the fact that they have a license. So what if they do? They’re still working for the foreigners, aren’t they? A portion of the profit made from very first-generation Melody has to be distributed to Mr. Damond Golding. Can you still call that a domestically manufactured product?”

Chad’s words stunned the entire venue.

The reporters began to whisper among themselves. There were quite a few reporters who did not understand much about patents, licenses, and their pertaining laws, but they all came to an understanding after asking people who worked in those industries—Chad was speaking the truth!

No one had expected JW Electronics to have managed to sign an improvement patent agreement when they could not get a license. Not to mention that they had succeeded too!

This was what a domestic brand truly entailed.

The reporters looked at Jasper excitedly, and they all wanted to know how Jasper had done it.

The man remained calm.

“Ladies and gentlemen,” Jasper took the microphone and spoke softly, “I merely wish to show you with my actions that our Somerland is capable of manufacturing exceptional goods.”

Clap, clap, clap!

No one knew where it started, but all the reporters were fervently clapping at Jasper’s statement. The entire conference hall was instantly drowned out by the sound of applause.

At the same time, both Conrad and Valentine had a very sour look on their faces.

Especially Conrad, who had never expected such a move from Jasper.

“That stupid improvement patent agreement, does it actually exist?” Conrad suppressed his anger and asked Valentine.

Valentine’s face paled as he nodded with difficulty. “It does. There is such regulation under international patent law. As long as the owner of the patent agrees, it’s very much possible. But the issue is that he’d need all of the people with ownership to agree before it’s granted. Damond Golding only has 50%, so how did he get the remaining 50% from Sentel?”

Conrad was slightly shaking after receiving such a shock. He turned to glare fiercely and coldly at Jasper, grinding his teeth together.

“You already knew this was going to happen, Jasper, so that’s why you had everything prepared, right? You were just waiting for me to play my role. How dare you make me into a fool?”

Furious, Conrad asked directly.

“Mr. Monty, how could you accuse me of making you into a fool when you were the one who asked for all of this?” Jasper replied calmly.

“But I must really thank you for giving Mellow such a great opportunity for advertisement, Mr. Monty. It looks like I’ll get to cut down on quite a bit of advertising expenses.”

Conrad was about to combust from infuriation.

He had used up a lot of favors using the Monty family’s name for this launch event just to get dozens of media representatives over, including those two large stations from Swallow Capital. Now, he had given the advantage to Jasper on a silver platter.

The worst part of this all was that his first-generation Melody had its reputation crushed before it could be released.

Conrad felt his limbs grow cold and there was a stuffy gust of air that suffocated his chest. He could not swallow it nor push it out. It felt terrible.

Jasper smiled slightly at Conrad’s reaction.

‘That’s all it took to beat you?

‘But I’ve only just started.’

He stood up again.

The reporters had learned from experience that if Jasper stood up to speak, it was going to be another large announcement. Everyone looked at Jasper eagerly and waited for another bomb to drop.

Indeed, Jasper did not waste time as he took the microphone and announced, “There’s something I’d like to announce as well during this important event.

“Mellow will be sold at 1,699 Somer Dollars starting tomorrow and all consumers are welcome to buy them from any Schuler Supermarket within the country.

“Moreover, every consumer can download official tracks for free from us.

“For that purpose, we’ve already signed a strategic cooperation agreement with Terizone Inc, Easy Media, and Advent Entertainment Group.

“Easy Media and Advent Entertainment Group are currently the biggest media companies in the Mainland and Harbor City respectively. At least 60% of the famous artists we know now are signed under them.

“We’ll provide the biggest official music library within the country, so as long as you buy Mellow, you will be allowed to download the songs for free.

“In addition, JW Electronics will work together with Easy Media and Advent Entertainment Group to attack all sources of pirated music within the country. Our related departments are already in contact and we’ve received immense support.

“That is all JW Electronics has to say for this launch event, thank you.”

Jasper then placed the microphone down once he had finished talking. Leaving coolly, he left Chad to deal with the extremely excited reporters.

Just as Jasper left, Conrad quickly followed after.

His complexion was pale from anger, and his expression was wretched like he wanted to tear Jasper into pieces with his teeth.

“You stand right there, Jasper!”

Life at the Top Chapter 706

Life at the Top Chapter 706

Click, click. Camera lights flashed endlessly in the conference hall, and all the video cameras were aimed right at the stage. No one wanted to miss any details. If the fight between them was considered normal competition between two companies, then Valentine’s words had instantly escalated the situation where it now involved the breaking of the law. The man had used expletives. The reporters present all flushed in excitement. The trip over suddenly felt really worth it. There were too few instances of such situations in the country. Therefore, the moment such instances occurred, they attracted everyone’s attention. Conrad was very pleased as well. Valentine was becoming more useful to him with every moment. Valentine knew that there were things Conrad was in no position to say, so he jumped out and conveyed the message Conrad wanted to say but could not. “You’re the one speaking nonsense!” A loud shout came from beside Jasper, causing everyone present to look over in shock. Especially Valentine. The man’s expression darkened after being accused and he turned to look at Chad. “Who says the only way to manufacture goods is with patent rights?” Chad scoffed and pulled out a piece of document from his briefcase that he brought with him. He opened it before everyone and spoke, “Not only has JW Electronics bought 50% ownership of the MP3 player patent rights from Sentel Corporation, but we’ve also signed an improvement patent agreement! “So as long as we’ve succeeded in improving the MP3 player, we’re automatically granted the user rights to the patent.” Chad looked at the silenced group of reporters proudly as he continued, “In addition, JW Electronics will hold complete ownership over our improved patent rights. That means that our Mellow has fully independent intellectual property rights! “Unlike some companies who seem to be very proud of the fact that they have a license. So what if they do? They’re still working for the foreigners, aren’t they? A portion of the profit made from very first-generation Melody has to be distributed to Mr. Damond Golding. Can you still call that a domestically manufactured product?” Chad’s words stunned the entire venue. The reporters began to whisper among themselves. There were quite a few reporters who did not understand much about patents, licenses, and their pertaining laws, but they all came to an understanding after asking people who worked in those industries—Chad was speaking the truth! No one had expected JW Electronics to have managed to sign an improvement patent agreement when they could not get a license. Not to mention that they had succeeded too! This was what a domestic brand truly entailed. The reporters looked at Jasper excitedly, and they all wanted to know how Jasper had done it. The man remained calm. “Ladies and gentlemen,” Jasper took the microphone and spoke softly, “I merely wish to show you with my actions that our Somerland is capable of manufacturing exceptional goods.” Clap, clap, clap! No one knew where it started, but all the reporters were fervently clapping at Jasper’s statement. The entire conference hall was instantly drowned out by the sound of applause. At the same time, both Conrad and Valentine had a very sour look on their faces. Especially Conrad, who had never expected such a move from Jasper. “That stupid improvement patent agreement, does it actually exist?” Conrad suppressed his anger and asked Valentine. Valentine’s face paled as he nodded with difficulty. “It does. There is such regulation under international patent law. As long as the owner of the patent agrees, it’s very much possible. But the issue is that he’d need all of the people with ownership to agree before it’s granted. Damond Golding only has 50%, so how did he get the remaining 50% from Sentel?” Conrad was slightly shaking after receiving such a shock. He turned to glare fiercely and coldly at Jasper, grinding his teeth together. “You already knew this was going to happen, Jasper, so that’s why you had everything prepared, right? You were just waiting for me to play my role. How dare you make me into a fool?” Furious, Conrad asked directly. “Mr. Monty, how could you accuse me of making you into a fool when you were the one who asked for all of this?” Jasper replied calmly. “But I must really thank you for giving Mellow such a great opportunity for advertisement, Mr. Monty. It looks like I’ll get to cut down on quite a bit of advertising expenses.” Conrad was about to combust from infuriation. He had used up a lot of favors using the Monty family’s name for this launch event just to get dozens of media representatives over, including those two large stations from Swallow Capital. Now, he had given the advantage to Jasper on a silver platter. The worst part of this all was that his first-generation Melody had its reputation crushed before it could be released. Conrad felt his limbs grow cold and there was a stuffy gust of air that suffocated his chest. He could not swallow it nor push it out. It felt terrible. Jasper smiled slightly at Conrad’s reaction. ‘That’s all it took to beat you? ‘But I’ve only just started.’ He stood up again. The reporters had learned from experience that if Jasper stood up to speak, it was going to be another large announcement. Everyone looked at Jasper eagerly and waited for another bomb to drop. Indeed, Jasper did not waste time as he took the microphone and announced, “There’s something I’d like to announce as well during this important event. “Mellow will be sold at 1,699 Somer Dollars starting tomorrow and all consumers are welcome to buy them from any Schuler Supermarket within the country. “Moreover, every consumer can download official tracks for free from us. “For that purpose, we’ve already signed a strategic cooperation agreement with Terizone Inc, Easy Media, and Advent Entertainment Group. “Easy Media and Advent Entertainment Group are currently the biggest media companies in the Mainland and Harbor City respectively. At least 60% of the famous artists we know now are signed under them. “We’ll provide the biggest official music library within the country, so as long as you buy Mellow, you will be allowed to download the songs for free. “In addition, JW Electronics will work together with Easy Media and Advent Entertainment Group to attack all sources of pirated music within the country. Our related departments are already in contact and we’ve received immense support. “That is all JW Electronics has to say for this launch event, thank you.” Jasper then placed the microphone down once he had finished talking. Leaving coolly, he left Chad to deal with the extremely excited reporters. Just as Jasper left, Conrad quickly followed after. His complexion was pale from anger, and his expression was wretched like he wanted to tear Jasper into pieces with his teeth. “You stand right there, Jasper!”

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