HP REACHES INK SETTLEMEMT WITH HONG KONG's PRINT-RITE LTD

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HP REACHES INK SETTLEMEMT WITH HONG KONG's PRINT-RITE LTD

 user 2010-04-05 at 11:04:16 am Views: 56
  • #23370

    http://www.marketwatch.com/story/hp-reaches-settlement-with-print-rite-2010-04-01?reflink=MW_news_stmp
    HP REACHES INK CARTRIDGE SETTLEMEMT WITH
    HONG KONG’s PRINT-RITE HOLDINGS LTD 

    PALO
    ALTO, Calif., Apr, 2010 — HP  today announced it has reached a
    settlement agreement with Hong Kong based Print-Rite Holdings Ltd.
    relating to HP 02 inkjet cartridges.(1)As part of the settlement,
    Print-Rite acknowledges that HP’s patents are valid and in effect. In
    consideration of the parties’ mutual respect for intellectual property,
    Print-Rite also has agreed to withdraw the products involved in the
    dispute from the United States and other countries having corresponding
    patent filings.”We are pleased with this amicable settlement, which
    serves as a demonstration of our ongoing commitment to protecting HP’s
    investments in intellectual property,” said Stephen Nigro, senior vice
    president, Inkjet and Web Services Business, Imaging and Printing Group,
    HP.