CFM Announces Action by Appeals Court.EXTON, Pa.--(BUSINESS WIRE)--May 18, 1999-- CFM Technologies, Inc. (Nasdaq:CFMT CFMT Community Foundation of Middle Tennessee CFMT Canada’s First Multicultural Television CFMT Ceinwen Faulkner Memorial Trust CFMT Cooperative Fusion Machine Translation ) today announced that the United States Court of Appeals for the Federal Circuit The United States Court of Appeals for the Federal Circuit is a United States court of appeals. The Federal Circuit was created by Congress with passage of the Federal Courts Improvement Act of 1982. The court is headquartered in Washington, D.C., and occupies the Howard T. has affirmed all but one aspect of the District Court's opinion in the matter of CFMT, Inc. and CFM Technologies, Inc. v. Steag Microtech, Inc. On appeal, the Federal Circuit affirmed the District Court's interpretation of the claims of CFM's Direct Displacement(TM) drying technology covered by its U.S. Patent No. 4,911,761. In addition, the Federal Circuit affirmed the patent's validity and has returned the case to the District Court for determination of a question of fact. "We are pleased that the appeals court ruling upholds such important aspects of this matter as the District Court's claim interpretation, the amount of the damages awarded, and the finding that this important patent is valid," said Roger A. Carolin, President and Chief Executive Officer. "We remain confident that the jury's original finding of Steag's willful infringement will be affirmed." The discussion above includes certain forward-looking statements with regard to the outcome of pending patent 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. . As such, actual results may vary materially from such expectations. CFM believes that it will prevail in the legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. described above; however, there can be no assurance of such outcome, and an adverse determination in this proceeding could have a material adverse effect on the Company. CFM Technologies, Inc. is a leading manufacturer of advanced cleaning equipment for the semiconductor and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time industries. CFM's systems provide superior contamination control and processing capabilities using a totally enclosed processing chamber. Watermarks and other drying defects are eliminated through CFM Direct-Displacement IPA IPA - International Phonetic Alphabet vapor drying technology. CFM historically has developed technical innovations to lower cost of ownership for advanced wet processing systems. |
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