NASHUA CORP SETTLES TONER PATENT LAWSUIT

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NASHUA CORP SETTLES TONER PATENT LAWSUIT

 user 2005-10-11 at 11:31:00 am Views: 74
  • #14274

    Nashua Corporation Settles Patent Lawsuit
    Nashua, 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