FREMONT, Calif., Nov. 4, 2013 (GLOBE NEWSWIRE) -- EFI™ (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, announced that the Federal Patent Court of Germany has invalidated substantial parts of a patent held by Durst Phototechnik Digital Technology GmbH related to white ink printing that Durst had previously asserted in an infringement action against EFI.
Durst sued EFI for allegedly infringing German patent No. 10 2005 006 092. In addition to denying those allegations, EFI filed a nullity action in the Federal Patent Court of Germany, asking that court to invalidate the portions of the patent asserted against EFI on the grounds that what Durst claimed had actually been disclosed years before. German courts in Mannheim and Karlsruhe had already held a Durst utility model claiming the same "invention" invalid for similar reasons.
On October 23, 2013, the German Federal Patent Court agreed with EFI and invalidated substantial parts of Durst's patent. Under German law, Durst has the right to appeal. Should there be no appeal, this will conclude a multi-year legal battle initiated by Durst repeatedly suing EFI without provocation.
"We at EFI believe that competition should be customer-focused, not litigation-focused. It should be based on genuine innovations, not on questionable patent claims. And it should take place in the marketplace, not in the courtroom," said EFI's General Counsel Bryan Ko. "We will always defend ourselves vigorously when necessary, but we will continue to focus first on ideas and technology to help our customers succeed."
EFI™ (www.efi.com) is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company's powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, web to print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.
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Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that could be deemed forward-looking statements include, but are not necessarily limited to, statements regarding Durst's appeal rights, and any statements or assumptions underlying any of the foregoing.
Forward-looking statements are subject to certain risks and uncertainties that could cause our actual future results to differ materially, or cause a material adverse impact on our results. Potential risks and uncertainties include, but are not necessarily limited to, unforeseen expenses; the difficulty of aligning expense levels with revenue; management's ability to forecast revenues, expenses and earnings; any world-wide financial and economic difficulties and downturns; adverse tax-related matters such as tax audits, changes in our effective tax rate or new tax legislative proposals; the unpredictability of development schedules and commercialization of products by the leading printer manufacturers and declines or delays in demand for our related products; changes in the mix of products sold; the uncertainty of market acceptance of new product introductions; intense competition in each of our businesses, including competition from products developed by EFI's customers; challenge of managing asset levels, including inventory and variations in inventory levels; the uncertainty of continued success in technological advances; the challenges of obtaining timely, efficient and quality product manufacturing and supply of components; litigation involving intellectual property rights or other related matters; our ability to successfully integrate acquired businesses; the uncertainty regarding the amount and timing of future share repurchases by EFI and the origin of funds used for such repurchases; the market prices of EFI's common stock prior to, during and after the share repurchases; any disruptions in our operations, the difficulty to retain employees, and additional expenses that we may incur as a result of our relocation from the Foster City campus; the compliance with the new requirements regarding the "conflict minerals," if they are found to be used in our products, and any other risk factors that may be included from time to time in the Company's SEC reports.
The statements in this press release are made as of the date of this press release. EFI undertakes no obligation to update information contained in this press release. For further information regarding risks and uncertainties associated with EFI's businesses, please refer to the sections entitled "Risk Factors," "Factors That Could Adversely Affect Performance," and other similar sections in our SEC filings and reports, including, but not limited to, EFI's annual report on Form 10-K and its quarterly reports on Form 10-Q, copies of which may be obtained by contacting EFI's Investor Relations Department by phone at 650-357-3828 or by email at email@example.com or EFI's Investor Relations website at http://www.efi.com.
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Nothing herein should be construed as a warranty in addition to the express warranty statements provided with EFI products and services.
This news release contains forward-looking statements, that are statements other than statements of historical fact including words such as "anticipate", "believe", "estimate", "expect", "consider", "plan" and similar, any statements related to strategies or objectives of management for future operations, products, development, performance, any statements of assumptions or underlying any of the foregoing and any statements in the future tense. Forward-looking statements are subject to certain risks and uncertainties that could cause our actual or future results to differ materially. For further information regarding risks and uncertainties associated with EFI's businesses, please refer to the risk factors section in the Company's SEC filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q. EFI undertakes no obligation to update information contained herein, including forward-looking statements.
CONTACT: David Lindsay Public Relations Manager, EFI Phone (404) 931-7760 firstname.lastname@example.org JoAnn Horne Market Street Partners Phone (415) 445-3235
Source:Electronics For Imaging, Inc.