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VF Corporation Reaches Settlement with RevoLaze, LLC in Patent Infringement Case

Cleveland, Ohio, Feb. 19, 2015 (GLOBE NEWSWIRE) -- RevoLaze, LLC, a laser technology firm headquartered in Westlake, OH, announced today that it has reached a settlement and license agreement with VF Corporation regarding the patent infringement lawsuits filed with the International Trade Commission August 18, 2014 and Cleveland U.S. District Court on August 15, 2014 naming 17 denim jeans companies. The financial terms of the agreement are confidential.

RevoLaze CEO Darryl Costin, PhD. was pleased by the decision. "We are very excited to come to an agreement with a world-class brand like VF Corporation. This now provides our companies an opportunity to work together on cost, quality, throughput and environmental advantages with our high speed laser technology," says Costin. Dr. Costin has spent over twenty years researching and developing RevoLaze's proprietary laser scribing technology for the denim industry. "Our goal at RevoLaze has always been to help the denim industry grow. We want to continue to introduce world-class technology that conserves the environment while increasing productivity." Innovations in the works include an updated high speed abrasion system to create patterns several times faster than current methods as well as a next generation linear processing system featuring dual 2,500 watt lasers to replicate standard wash techniques, the desired look of ring spun denim and other textures. Their newly designed headquarters in Westlake, OH now features a 1,200 square foot showroom and expanded warehouse to accommodate their increased research & development.

About RevoLaze LLC

Through a combination of unique digital software and specifically designed material delivery systems, RevoLaze creates the technology to achieve the highest speed, highest power galvo driven laser machines on the planet. With over 20 years of experience, and 29 patents granted worldwide, RevoLaze offers its licensees unprecedented cost reduction, throughput enhancement and design flexibility. To learn more about RevoLaze, visit www.revolaze.com.

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CONTACT: David Walker dwalker@stevensstrategic.com 440.617.0100 ext. 204

Source: RevoLaze