NINGBO, China, Aug. 7, 2014 /PRNewswire/ -- Ningbo
Signatronic Technologies, LLC, ALL-TAG Security, Best Security
Industries, and Signatronic Corporation (herein together
Ningbo), announce a resolution of
pending litigation involving U.S. Patent Nos. 5,729,200 ('200
patent) and 6,181,245 ('245 patent).
In December 2013, Tyco (NYSE: TYC)
filed actions against Ningbo in
both the International Trade Commission (ITC) and the U.S. District
Court for the Southern District of Florida to prohibit the importation into
the United States of certain
Ningbo acousto-magnetic (AM)
electronic article surveillance systems (EAS) labels.
Under a settlement agreement resolving both the ITC and District
Court actions, the parties have agreed that Ningbo will withdraw from the United States the following EAS label
models: T3, K3, H3, T2, K2, H2, RK2, OY, AQ, GPL(2), GPL(3),
RL and RH2, until the '200 and '245 Patents expire on August 28, 2016. Ningbo will not withdraw the following EAS
label models from the United States: T3M, K3M, H3M, T2M, K2M,
H2M, NTL, NKL, NHL, RK2M and RH2M. Ningbo also will not withdraw hard tags (NST
model labels SPHT and MHT, SPLB, SPLK) in which the bias cannot be
demagnetized or "dummy tags" (NST model labels KN and RKN) that
contain no bias. The settlement agreement does not constitute
a license from Tyco for these labels and tags. The parties,
however, do not anticipate a further claim for infringement of
Tyco's '200 and '245 patents based on the current design of these
labels and tags. All other terms of the settlement are
confidential.
Consent agreements memorializing the agreement will be filed in
both the ITC and District Court actions, and both actions will be
terminated. All other terms of the settlement are
confidential.
"We are pleased with the outcome of this U.S. patent
infringement litigation," said Dr Lin
Li, Ningbo Signatronic's General Manager. "Ningbo
Signatronic has always denied infringing the Sensormatic patents,
and a resolution of this matter by settlement, rather than trial,
puts the cost and uncertainty of litigation behind us."
SOURCE ALL-TAG Security Americas, Inc.