Isola Group
CHANDLER, Ariz., 2015-09-24 23:00 CEST (GLOBE NEWSWIRE) -- Isola Group announced today that a jury in the U.S. District Court for District of Arizona found that Taiwan Union Technology Corporation (TUC) had directly and indirectly infringed key patents held by its U.S.-based subsidiary, ISOLA USA Corp. The products found to infringe were TUC's TU-872 laminate and prepreg products. The jury also unanimously found that Isola's patents were valid and that TUC's infringement was willful.
Pursuant to the verdict, the jury awarded Isola damages of $11.5 million for lost profits and reasonable royalty damages. The jury's unanimous finding of willful infringement also means the Court has discretion to treble the damages awarded to Isola, and to award attorney's fees and costs to the company.
"We are extremely pleased with the jury's verdict," stated Jeff McCreary, Isola's President and CEO. "The jury's verdict is the culmination of more than three years of litigation by Isola. It reaffirms the strength of our patents and the company's commitment to protecting and defending our intellectual property."
The Isola patents at issue in the case were United States Patent Nos. 6,509,414 ("Epoxy Resin, Styrene-Maleic Anhydride Copolymer and Co-Crosslinking Agent") and 8,022,140 ("Copolymer of Styrene and Maleic Anhydride Comprising an Epoxy Resin Composition and A Co-Cross-Linking Agent").
About Isola
Isola Group, headquartered in Chandler, Arizona, is a global material sciences company focused on designing, developing, manufacturing, and marketing copper-clad laminates and dielectric prepregs used to fabricate advanced multilayer printed circuit boards. The company's high-performance materials are used in sophisticated electronic applications in the communications infrastructure, computing/networking, military, medical, aerospace and automotive industries. For more information, visit our website at http://www.isola-group.com/.
Follow Isola on Twitter: https://twitter.com/IsolaGroup
Like Isola on Facebook: https://www.facebook.com/IsolaGroup
Follow Isola on LinkedIn: https://www.linkedin.com/company/isola-group
Subscribe to Isola on YouTube: https://www.youtube.com/user/IsolaGroup
Isola and the Isola logo are registered trademarks of ISOLA USA Corp. in the U.S.A. and other countries. All other trademarks mentioned herein are property of their respective companies. Copyright © 2015 Isola Group. All rights reserved.
CONTACT: Editorial Contact:
Tiffany C. Zinn
Global Marketing Communications Manager
Isola Group
480-282-6368
Tiffany.Zinn@isola-group.com
Legal Contact:
Mike Rafford
Vice President, General Counsel and Corporate Secretary
Isola Group
480-893-6527
Mike.Rafford@isola-group.com
Jury Awards Isola $11.5 Million in Damages
Information om Globenewswire
Følg pressemeddelelser fra Globenewswire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Globenewswire
Synchronoss Technologies, Inc.7.1.2025 22:05:00 CET | Press release
Synchronoss Technologies to Present at Upcoming Investor Conferences
Galapagos NV7.1.2025 22:01:00 CET | Press release
Galapagos to Present at the 43rd Annual J.P. Morgan Healthcare Conference
Nokia Oyj7.1.2025 21:30:00 CET | Press release
Nokia Corporation: Repurchase of own shares on 07.01.2025
Scandinavian Investment Group A/S7.1.2025 18:00:00 CET | Pressemeddelelse
Nyt aktietilbagekøbsprogram for januar & februar 2025
Dassault Aviation7.1.2025 17:51:55 CET | Press release
Dassault Aviation: Deliveries, order intakes and backlog in number of new aircraft as of December 31, 2024
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.
Besøg vores nyhedsrum