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Malibu Files Patent Infringement Claim Against MasterCraft

LOUDON, Tenn., June 30, 2015 (GLOBE NEWSWIRE) -- Malibu Boats, LLC, the leading innovator and pioneer of modern wakesurfing technology, including the standard-setting Surf Gate system, today announced that it filed a lawsuit for patent infringement against MasterCraft Boat Company, LLC ("MasterCraft").

The complaint, filed in the United States District Court for the Eastern District of Tennessee, alleges infringement of U.S. Patent No. 8,578,873 based on MasterCraft's "Gen 2 Surf System and the NXT Surf System." The complaint further alleges that "Malibu is entitled to millions of dollars in compensation for MasterCraft's infringement and to an injunction precluding MasterCraft from selling boats or features that infringe Malibu's valuable intellectual property."

"We are proud of Malibu's revolutionary Surf Gate technology," said Jack Springer, CEO of Malibu. "We intend to vigorously protect it."

About Malibu

Malibu offers the best-selling and most versatile watersports boats in the world. Whether for waterskiing, wakeboarding or wakesurfing, Malibu's game-changing innovations provide the best boating experience available. Malibu's boats use a state-of-the-art digital command center combined with cutting-edge G4 tower and the Power Wedge II and Surf Gate systems to give boaters an unrivaled level of control and performance.

MALIBU BOATS, the Malibu Logo, POWER WEDGE, and SURF GATE are registered trademarks of Malibu Boats, LLC.

CONTACT: Malibu Boats, Inc. Wayne Wilson Chief Financial Officer (865) 458-5478 ICR John Rouleau/Rachel Schacter (203) 682-8200 John.Rouleau@icrinc.com Rachel.Schacter@icrinc.comSource:Malibu Boats