Corning Incorporated and Fibercore, Ltd. Settle Lawsuit.CORNING, N.Y.--(BUSINESS WIRE)--Oct. 5, 1999-- Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. (NYSE NYSE See: New York Stock Exchange :GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ) today announced that it had settled the lawsuit Corning had filed against Fibercore Ltd. for patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. . In its lawsuit, which was initiated on Dec. 15, 1998, Corning asserted that Fibercore was infringing upon two of Corning's patents. The complaint was filed in the United States District Court for the Northern District of Illinois The United States District Court for the Northern District of Illinois is the Federal district court whose jurisdiction comprises the following counties, divided into two divisions: , Eastern Division. The settled lawsuit involved Corning's U.S. Patent No. 4,339,173, entitled "Optical Waveguide waveguide, device that controls the propagation of an electromagnetic wave so that the wave is forced to follow a path defined by the physical structure of the guide. Containing P2O P2O Person to Organization 5 and GeO2," which relates to optical fibers having P2O5 and GeO2 in the core of the fiber; and U.S. Patent No. 4,478,489, entitled "Polarization Retaining Single-Mode Optical Waveguide," which relates to polarization-maintaining fibers. In a Consent Judgment signed by both parties, it was agreed that Corning's U.S. Patents, Numbers 4,339,173 and 4,478,489, are enforceable and not invalid and that certain fiber sold by Fibercore Ltd. in the U.S. was within the scope of, and infringed upon, Corning's U.S. Patent No. 4,478,489. It was also agreed that Fibercore did not admit any infringement of U.S. Patent No. 4,339,173. Corning has licensed Fibercore to sell its HiBi polarization-maintaining fibers under U.S. Patent No. 4,478,489, and its phosphorus-containing DF fibers under U.S. Patent No. 4,339,173. Other terms of the settlement were not disclosed. In commenting on this settled lawsuit, Dr. Gerald Fine, vice president and general manager of Corning's Photonic Technologies Division, stated, "We are pleased to have resolved this lawsuit amicably. We stand firm in our commitment to exercise our legal rights to protect our significant body of intellectual property, as represented by the patents in this suit." Established in 1851, Corning Incorporated creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning manufactures optical fiber, cable, and photonic products for the telecommunications industry; and high-performance displays and components for television and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. Corning's revenues in 1998 were $3.5 billion. More information on the company is available at www.corning.com. |
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