TUC Found to Infringe Isola Patents
(Thomson Reuters ONE) -
Jury Awards Isola $11.5 Million in Damages
CHANDLER, Ariz., Sept. 24, 2015 (GLOBE NEWSWIRE) -- Isola Group announced today
that a jury in the U.S. District Court for District of Arizona found that Taiwan
Union Technology Corporation (TUC) had directly and indirectly infringed key
patents held by its U.S.-based subsidiary, ISOLA USA Corp. The products found to
infringe were TUC's TU-872 laminate and prepreg products. The jury also
unanimously found that Isola's patents were valid and that TUC's infringement
was willful.
Pursuant to the verdict, the jury awarded Isola damages of $11.5 million for
lost profits and reasonable royalty damages. The jury's unanimous finding of
willful infringement also means the Court has discretion to treble the damages
awarded to Isola, and to award attorney's fees and costs to the company.
"We are extremely pleased with the jury's verdict," stated Jeff McCreary,
Isola's President and CEO. "The jury's verdict is the culmination of more than
three years of litigation by Isola. It reaffirms the strength of our patents and
the company's commitment to protecting and defending our intellectual property."
The Isola patents at issue in the case were United States Patent Nos. 6,509,414
("Epoxy Resin, Styrene-Maleic Anhydride Copolymer and Co-Crosslinking Agent")
and 8,022,140 ("Copolymer of Styrene and Maleic Anhydride Comprising an Epoxy
Resin Composition and A Co-Cross-Linking Agent").
About Isola
Isola Group, headquartered in Chandler, Arizona, is a global material sciences
company focused on designing, developing, manufacturing, and marketing copper-
clad laminates and dielectric prepregs used to fabricate advanced multilayer
printed circuit boards. The company's high-performance materials are used in
sophisticated electronic applications in the communications infrastructure,
computing/networking, military, medical, aerospace and automotive industries.
For more information, visit our website at http://www.isola-group.com/.
Follow Isola on Twitter: https://twitter.com/IsolaGroup
Like Isola on Facebook: https://www.facebook.com/IsolaGroup
Follow Isola on LinkedIn: https://www.linkedin.com/company/isola-group
Subscribe to Isola on YouTube: https://www.youtube.com/user/IsolaGroup
Isola and the Isola logo are registered trademarks of ISOLA USA Corp. in the
U.S.A. and other countries. All other trademarks mentioned herein are property
of their respective companies. Copyright © 2015 Isola Group. All rights
reserved.
CONTACT: Editorial Contact:
Tiffany C. Zinn
Global Marketing Communications Manager
Isola Group
480-282-6368
Tiffany.Zinn(at)isola-group.com
Legal Contact:
Mike Rafford
Vice President, General Counsel and Corporate Secretary
Isola Group
480-893-6527
Mike.Rafford(at)isola-group.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Isola Group via GlobeNewswire
[HUG#1954478]
Unternehmensinformation / Kurzprofil:
Datum: 24.09.2015 - 23:00 Uhr
Sprache: Deutsch
News-ID 422614
Anzahl Zeichen: 3792
contact information:
Town:
Chandler
Kategorie:
Business News
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