KONE and Schindler settle patent dispute and KONE receives a license to Schindler's RFID call i

KONE and Schindler settle patent dispute and KONE receives a license to Schindler's RFID call input patents

ID: 175472

(Thomson Reuters ONE) -


KONE Corporation, press release, August 17, 2012

KONE and Inventio AG, a company of the Schindler Group, have signed a settlement
agreement regarding Inventio's patent family related to RFID call input
technology for elevators, including EP Patent No. 699 617, US Patent No.
5,689,094 and others (the "Patents").

The parties reached the agreement on their dispute over the use of the Patents
prior to initiating patent litigation in the matter. The settlement agreement
provides KONE a license to use the Patents in its operations worldwide against
an agreed consideration. The specific terms of the agreement are confidential.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel.
+358 204 75 4775

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The
company has been committed to understanding the needs of its customers for the
past century, providing industry-leading elevators, escalators and automatic
building doors as well as innovative solutions for modernization and
maintenance. The company's objective is to offer the best People Flow®
experience by developing and delivering solutions that enable people to move
smoothly, safely, comfortably and without waiting in buildings in an
increasingly urbanizing environment. In 2011, KONE had annual net sales of EUR
5.2 billion and on average 35,000 employees. KONE class B shares are listed on
the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and




originality of the information contained therein.

Source: KONE Oyj via Thomson Reuters ONE
[HUG#1634610]




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Datum: 17.08.2012 - 08:31 Uhr
Sprache: Deutsch
News-ID 175472
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"KONE and Schindler settle patent dispute and KONE receives a license to Schindler's RFID call input patents"
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