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http://www.tradingmarkets.com/.site/news/Stock%20News/2022762/
HP Resolves Ink Cartridge Patent Infringement with LexJet Corporation
PALO
ALTO, Calif., Nov 2008 — HP today announced that it has resolved the
dispute and dismissed a patent infringement lawsuit against
Florida-based LexJet Corporation and LexJet Southern California, LLC,
regarding inks used in certain remanufactured HP large-format ink
cartridges.On May 22, 2008, HP filed a lawsuit against LexJet in the
U.S. Federal Court for the Northern District of California.HP
and the ink manufacturer supplying ink to LexJet have developed a
solution to avoid legal action. LexJet’s ink manufacturer has agreed to
reformulate the inks in question and pay HP an undisclosed amount of
money.”HP is pleased to have resolved this matter quickly, and we
remain committed to vigorously protecting our investment in
intellectual property,” said Stephen Nigro, senior vice president,
Inkjet and Web Services Business, Imaging and Printing Group, HP. “As
part of HP’s ongoing worldwide testing and enforcement efforts, we will
continue to monitor LexJet and others for possible patent
infringement.”
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