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Lexmark creates cloud-enabled imaging and IoT technologies that help customers worldwide quickly realize business outcomes. Through a powerful combination of proven technologies and deep industry expertise, Lexmark accelerates business transformation, turning information into insights, data into decisions, and analytics into action.
LEXINGTON, Ky., Feb. 8, 2011 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) announced today that it has reached settlements with Alpha Image Tech, E-Toner Mart, Inc., Nano Pacific Corporation, Ninestar Image Co. Ltd., Ninestar Image International, Ltd., Ninestar Technology Company, Ltd., Print-Rite Holdings Ltd., Seine Image International Co. Ltd., Union Technology International (M.C.O.) Co. Ltd., and Ziprint Image Corporation (the "Settling Parties") in connection with patent litigation pending in the U.S. International Trade Commission (ITC) and the U.S. District Court for the Southern District of Ohio.
Lexmark alleged that the manufacture, importation and sale by the Settling Parties of replacement toner cartridges for various Lexmark laser printer and multifunction devices infringed Lexmark's patent rights.
Among the terms of the settlements, the Settling Parties have agreed to the entry of a final judgment and permanent injunction in the District Court litigation. In addition, the Settling Parties will not oppose Lexmark's efforts to secure an order from the ITC banning future importation of infringing cartridges. While the Settling Parties did not admit any wrongdoing, they have confirmed their ongoing commitment to respect intellectual property rights by resolving the litigation amicably.(1)
Related claims asserted by Lexmark against other parties to the litigation are unaffected by its agreements with the Settling Parties. The remaining terms of the settlements are confidential.
About Lexmark
Lexmark International, Inc. (NYSE: LXK) provides businesses of all sizes with a broad range of printing and imaging products, software, solutions and services that help customers to print less and save more. Perceptive Software, a stand-alone software business within Lexmark, is a leading provider of enterprise content management software that helps organizations effortlessly manage the entire lifecycle of their documents and content, simplifying their business processes, and fueling greater operational efficiency. In 2010, Lexmark sold products in more than 170 countries and reported more than $4 billion in revenue.
To learn more about Lexmark, please visit www.lexmark.com. For more information on Perceptive Software, please visit www.perceptivesoftware.com.
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(1) For the same reason, Print-Rite Holdings Ltd. has agreed to be bound by the settlement, notwithstanding the fact that it does not directly conduct manufacturing, importation, or sales activities.
SOURCE Lexmark International, Inc.