Rochester, NY. LaserMax announced today a highly favorable conclusion of the patent infringement litigation initiated by Crimson Trace against three of LaserMax’s product lines in Portland, Oregon, in January 2009.
Last week, the court ordered Crimson Trace to pay LaserMax $10,000 in sanctions, and ordered public disclosure of the following settlement terms:
- There was no finding of liability on the part of LaserMax
- LaserMax pays no money to Crimson Trace
- Crimson Trace grants LaserMax irrevocable, royalty-free licenses for each of the three remaining patents in the lawsuit.
Prior to the settlement, LaserMax caused Crimson Trace to withdraw one of its principal patents from the lawsuit and to grant LaserMax an unconditional covenant not to sue under that patent. In addition, LaserMax contested the validity of another Crimson Trace patent in a proceeding before the U.S. Patent Office, rendering that patent unenforceable and dedicated to the public.
LaserMax CEO Susan Houde-Walter said, “We are pleased that this case has been resolved on terms that totally vindicate LaserMax and our reputation for innovation and fair play. With excellent representation from our counsel at Nixon Peabody, we succeeded in rebuffing all claims against us, as well as obtaining sanctions against Crimson Trace.”
Richard D. Rochford, lead trial counsel at Nixon Peabody LLP, commented “the nature and timing of this lawsuit was intended to inflict damage to LaserMax’s outstanding reputation and its ability to conduct business. We really enjoy helping our clients like LaserMax stand up to such attacks and prevail in the end.”
LaserMax continues to bring innovative products to market at a fair price, including the new GENESIS™, the world’s first rechargeable green laser and the UniMax® MICRO, the worlds smallest rail mount laser. LaserMax is best known for its signature product line of internal guide rod lasers.
LaserMax is a leading innovator and manufacturer of high-quality laser sight systems. For more than 20 years, the company has provided laser products for military, law enforcement agencies, and commercial markets worldwide. LaserMax additionally delivers the most advanced laser products and optical systems for semiconductor, aerospace, biomedical applications, and telecommunications. LaserMax is a WBENC-certified and ISO 9001:2008 small business. All products are designed and manufactured in a state-of-the-art facility in Rochester, New York, USA. For more information visit www.LaserMax.com or call 800-527-3703.