US Supreme Court denies Metso the right to appeal in a patent dispute between Metso and Terex
January 14, 2014 - London
Metso Corporation's stock exchange release on January 14, 2014 at 10:45 a.m. local time
The United States Supreme Court has denied Metso the right to appeal a decision by the United States Court of Appeals for the Federal Circuit in a patent infringement lawsuit between Metso and Terex Corporation that rejected Metso's claims for damages against Terex. As a result, this ruling remains final.
The dispute between Metso and Powerscreen International Ltd. (today known as Terex GB Ltd.) covered Metso's claims for damages related to a patent covering conveyers used in various mobile crushing and screening machinery. Metso has issued stock exchange releases on the case on December 7, 2010, December 12, 2011, and May 15, 2013.
The outcome is not expected to have any significant financial impact on Metso.
Metso's mining and construction professionals specialize in always bringing the right technology, processes, machinery and services to our customers in the aggregates production, construction, mining and minerals processing and in metal and waste recycling. Expect results.
Metso is a leading process performance provider, with customers in the mining,
construction, and oil & gas industries. Metso is also known for its advanced automation
solutions for pulp, paper and power generation. Our focus is on the continuous
development of intelligent solutions that improve sustainability and profitability. Metso's
shares are listed on the NASDAQ OMX Helsinki Ltd. Metso employs 18,000 professionals
in 50 countries. Expect results.
Further information, please contact:
Erica Aminoff, Senior Vice President, Chief Legal Officer, Mining and Construction, Metso, tel. + 358 20 484 3246
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via Globenewswire