PANASONIC SEIZES $500,000.00 OF COUNTEFEIT FAX TONERS

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PANASONIC SEIZES $500,000.00 OF COUNTEFEIT FAX TONERS

 user 2010-11-24 at 9:40:06 am Views: 51
  • #24060

    ttp://www.marketwatch.com/story/panasonic-takes-pro-active-measures-to-protect-brand-against-counterfeit-products-2010-11-18?reflink=MW_news_stmp

    PANASONIC SEIZES $500,000.00 OF COUNTEFEIT FAX TONERS CARTRIDGES
    SECAUCUS,
    NJ, Nov , 2010 — Panasonic System Networks Company of America
    announced today that it has renewed its commitment to protect its nearly
    century-long brand reputation from infringements against copyrights,
    trademarks, patents and other intellectual property. A recent outcome of
    the company’s commitment to protect its brand was its cooperation with
    the Essex County, NJ Prosecutor’s Office on a raid, which resulted in
    the seizure of 2,500 fax toner cartridges badged with
    illegally-fabricated Panasonic labels.

    This seizure of the
    counterfeit cartridges, which carries an approximate street value of
    $500,000, was just the most recent example of Panasonic’s pro-active
    offensive against the manufacturing, distribution and retail sales of
    counterfeit Panasonic products. In addition to this raid, Panasonic has
    brought several civil lawsuits seeking injunctions against further
    counterfeiting and the award of significant monetary damages against
    distributors of counterfeit merchandise.

    Counterfeit
    office-machine consumables including the toner cartridges recently
    seized deliver significantly degraded performance, durability,
    reliability and hardware compatibility and can be the source of poor
    quality imaging, increased cleaning and maintenance requirements. In
    extreme cases, counterfeit consumables can cause actual hardware
    failure. Hardware failure caused by the use of counterfeit consumables
    is not covered by Panasonic’s warranty.

    About Panasonic System
    Networks Company of America Based in Secaucus, NJ, Panasonic System
    Networks Company of America, is a unit of Panasonic Corporation of North
    America, the principal North American subsidiary of Panasonic
    Corporation . A comprehensive business-to-business solutions provider,
    the company develops and delivers reliable, affordable, and flexible
    solutions for communication, collaboration, security and productivity.
    The complete suite of solutions addresses home and business
    communications, security and surveillance systems, retail information
    systems, office productivity solutions, and high definition visual
    conferencing, keeping Panasonic customers connected, informed,
    accessible and secure. Information is available at
    http://www.panasonic.com/psna. Additional company information for journalists
    is available at http://www.panasonic.com/pressroom.

    ttp://www.marketwatch.com/story/panasonic-takes-pro-active-measures-to-protect-brand-against-counterfeit-products-2010-11-18?reflink=MW_news_stmp