Arctic Cat Announces Polaris Stops Using Arctic Cat's Patented Technology After Being Sued.
THIEF RIVER The Thief River is a tributary of the Red Lake River in northwestern Minnesota in the United States. Via the Red Lake River, the Red River of the North, Lake Winnipeg and the Nelson River, it is part of the watershed of Hudson Bay. FALLS, Minn.--(BUSINESS WIRE)--Nov. 10, 2003
Arctic Cat Arctic Cat is a producer of all-terrain vehicles and snowmobiles in the United States. Located in Thief River Falls, Minnesota, they are a top competitor with other snowmobile companies such as Polaris, Ski-Doo by Bombardier, and Yamaha Motor Company Ltd.. Inc. (Nasdaq:ACAT ACAT
See: Automated Customer Account Transfer ) announced today that it has dropped a lawsuit it filed against Polaris Industries Polaris Industries manufactures a full line of all-terrain vehicles (ATV), snowmobiles, Ranger utility vehicles in 2wd, 4wd or 6wd, Victory Motorcycles and EU rated quadcycles. Polaris no longer manufactures personal water craft or sportboats. Based in Medina, Minnesota. Inc. The suit alleged infringement of Arctic Cat's innovative exhaust temperature ignition timing Ignition timing in an internal combustion engine is the process of setting the time that a spark will occur in the combustion chamber (during the power stroke) relative to piston position and crankshaft angular velocity. patent on high- performance engines used chiefly for snowmobile racing. Arctic Cat dismissed the suit after Polaris revealed it had discontinued use of Arctic Cat's technology in Polaris' racing snowmobiles.
"We sued Polaris to prevent it from selling racing snowmobiles that infringed our patent," said Christopher A. Twomey, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Arctic Cat. "Our pioneering technology provides a competitive advantage to our snowmobile racers. During the course of the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.
When a person begins a civil lawsuit, the person enters into a process called litigation. , Polaris revealed that it had stopped using Arctic Cat's patented technology in its racing snowmobiles. We conclude that Polaris stopped because the company knew it had infringed our patent. We achieved our goal, so we dismissed the lawsuit."
Continued Twomey: "Arctic Cat prides itself in leading innovation in the snowmobile industry. We will not tolerate anyone who copies our patented products and we will vigorously protect our intellectual property. Arctic Cat holds several patents that cover the exhaust temperature ignition timing technology found in the allegedly infringing snowmobiles. Should Polaris sell snowmobiles in the future using our technology, Arctic Cat will sue Polaris again."
Arctic Cat Inc. designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat(R) brand name, as well as related parts, garments and accessories. The company markets its products through a network of independent dealers located throughout the contiguous United States and Canada, and through distributors representing dealers in Alaska, Europe, the Middle East, Asia and other international markets. For more information, please visit Arctic Cat's Web site at www.arcticcat.com.