Courtesy of Benzinga.
Camtek Ltd. (NASDAQ: CAMT), announced today that the district court of Minnesota entered a summary judgment finding that certain previous models of Camtek’s Falcon systems were capable of infringing upon two claims of a Rudolph patent in the United States.
Camtek disputes the finding and intends to appeal.
Camtek views the Court’s decision as significantly reducing Camtek’s exposure to payment of damages. The Court’s infringement finding is based on an infrequently used feature of the Falcon. Camtek ceased marketing the Falcon system in the United States in 2009 and removed the feature altogether from its systems worldwide over 2 years ago. The Court’s decision indicates that it will address the remedies at a later stage.
Commented Rafi Amit, Chairman and CEO of Camtek, “This summary judgment is just another stage in what is a long legal dispute over a patent which affected some past models of our Falcon systems which were sold solely in the United States. I believe that the current judgment, which only refers to a rarely used feature, reduces our exposure to possible damages. The fact that this feature became obsolete over 2 years ago also means that I expect no impact on our current and future business.”
