Nashua Corporation Settles Patent Lawsuit
Nahua, N.H. October 2005
– Nashua Corporation , a manufacturer and marketer of labels, thermal
and specialty papers, and imaging products, today announced that it and
Océ Printing Systems GmbH (“Océ”) have mutually agreed to settle patent
infringement litigation in which Océ alleged infringement of U.S.
Patent No. 4,990,964 by the Nashua ST-2140 and ST-466 toner containers.
Nashua denied infringement and alleged that the ‘964 patent was
invalid. Nashua Corporation will no longer offer or sell the ST-2140
and ST-466 toner containers. Pursuant to the settlement, the parties
have requested that the U.S. District Court for the Northern District
of Illinois dismiss the lawsuit.
Nashua Corporation previously had determined that its Toner business
was non-strategic, and on April 5, 2005 had announced its decision to
exit the Toner business in order to focus resources on opportunities
available in its core operations.
“Settling the Océ litigation is a positive development for Nashua as it
resolves an issue that has occupied management time and attention,”
said Andrew Albert, Chairman, President and Chief Executive Officer of
Nashua Corporation.
About Nashua
Nashua Corporation manufactures and markets a wide variety of specialty
imaging products and services to industrial and commercial customers to
meet various print application needs. The Company’s products include
thermal coated papers, pressure-sensitive labels, colored copier
papers, bond, point of sale, ATM and wide format papers, entertainment
tickets, as well as toners, developers, and ribbons for use in imaging
devices