Court Judgment Favors Rudolph Technologies Patent Infringement Case.Permanent injunction permanent injunction n. a final order of a court that a person or entity refrain from certain activities permanently or take certain actions (usually to correct a nuisance) until completed. entered against Camtek prohibits sale of Falcon Systems in USA MINNEAPOLIS -- Rudolph Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RTEC RTEC Regional Technology in Education Consortium RTEC Ready-To-Eat Cereal RTEC Rural Transit Enterprises Coordinated, Inc (Kentucky, USA) RTEC Run Time Error Checker ) announced today that the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. in Minneapolis has issued a permanent injunction against Camtek, Ltd (NASDAQ: CAMT CAMT Certified Apartment Maintenance Technician CAMT Canadian Association for Music Therapy CAMT Colorado Association for Music Therapy CAMT Canadian Academy of Manipulative Therapy CAMT Conference for the Advancement of Mathematics Teaching ) which bars Camtek from selling its Falcon line of inspection tools in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The court also granted Rudolph post-trial interest on the lost profits damages awarded by the jury. Rudolph's U.S. Patent No. 6,826,298 covers optical inspection of semiconductors using strobing illumination. This technology is embodied in Rudolph's NSX NSX New Sportscar eXperimental (concept name for Acura vehicle; originally NS-X) NSX Namespace Extension (Windows Shell Programming) NSX N Syndrome NSX Network and Security Experts NSX New Sports Experimental ([R]) and AXi([TM])Inspection Systems. "The NSX([R]) technology was one of the major reasons for our merger with August Technology," said Paul McLaughlin, chairman and chief executive officer of Rudolph Technologies. "We place a high priority on protecting our intellectual property, and will continue to pursue protection for our proprietary inspection systems, in the United States and internationally." Specifically, the August 28, 2009 injunction places significant obligations on Camtek, including: * Camtek is prohibited from making, using, selling and offering to sell any of its Falcon machines in the U.S. * Camtek is prohibited from communicating with third parties in the U.S. for the purposes of selling or offering to sell Falcon machines that are to be located or used in the U.S. or internationally. * Camtek must state in marketing or advertising materials that the Falcon machine is not for sale or use in the U.S. * Camtek cannot substantially improve or change the Falcon machines sold and delivered in the U.S. prior to March 5, 2009 (i.e. substantial software or hardware upgrades). Operator training for these systems is similarly prohibited. * Camtek is also ordered to identify and secure all Falcon machines not yet shipped to U.S. customers that are currently located in the U.S. * Award of damages and interest (to Rudolph) in the amount of $8.0 million. Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. The company has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry's growth. Rudolph's strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. Headquartered in Flanders, New Jersey Flanders is an unincorporated area located in Mount Olive Township and parts of Roxbury Township, in southwest Morris County, New Jersey, United States. Flanders is served by the United States Postal Service as ZIP Code 07836. , Rudolph supports its customers with a worldwide sales and service organization. Additional information can be found on the company's web site at www.rudolphtech.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (the "Act") which include projections related to the protection of its intellectual property as well as other matters that are not purely historical data. Rudolph wishes to take advantage of the "safe harbor" provided for by the Act and cautions that actual results may differ materially from those projected as a result of various factors, including risks and uncertainties, many of which are beyond Rudolph's control. Such factors include, but are not limited to, results of possible appeals and the challenges presented related to the enforcement of its patents. Additional information and considerations regarding the risks faced by Rudolph are available in Rudolph's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. report for the year ended December 31, 2008 and other filings with the Securities and Exchange Commission. As the forward-looking statements are based on Rudolph's current expectations, the company cannot guarantee any related future results, levels of activity, performance or achievements. Rudolph does not assume any obligation to update the forward-looking information contained in this press release. |
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