Pursuant to the verdict, the jury awarded Isola damages of $11.5 million for lost profits and reasonable royalty damages. (image: Korea Bizwire)
CHANDLER, Ariz., Sept. 25 (Korea Bizwire) — Isola Group announced today that a jury in the U.S. District Court for District of Arizona found that Taiwan Union Technology Corporation (TUC) had directly and indirectly infringed key patents held by its U.S.-based subsidiary, ISOLA USA Corp. The products found to infringe were TUC’s TU-872 laminate and prepreg products. The jury also unanimously found that Isola’s patents were valid and that TUC’s infringement was willful.
Pursuant to the verdict, the jury awarded Isola damages of $11.5 million for lost profits and reasonable royalty damages. The jury’s unanimous finding of willful infringement also means the Court has discretion to treble the damages awarded to Isola, and to award attorney’s fees and costs to the company.
“We are extremely pleased with the jury’s verdict,” stated Jeff McCreary, Isola’s President and CEO. “The jury’s verdict is the culmination of more than three years of litigation by Isola. It reaffirms the strength of our patents and the company’s commitment to protecting and defending our intellectual property.”
The Isola patents at issue in the case were United States Patent Nos. 6,509,414 (“Epoxy Resin, Styrene-Maleic Anhydride Copolymer and Co-Crosslinking Agent”) and 8,022,140 (“Copolymer of Styrene and Maleic Anhydride Comprising an Epoxy Resin Composition and A Co-Cross-Linking Agent”).
About Isola
Isola Group, headquartered in Chandler, Arizona, is a global material sciences company focused on designing, developing, manufacturing, and marketing copper-clad laminates and dielectric prepregs used to fabricate advanced multilayer printed circuit boards. The company’s high-performance materials are used in sophisticated electronic applications in the communications infrastructure, computing/networking, military, medical, aerospace and automotive industries. For more information, visit our website at http://www.isola-group.com/.
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Isola and the Isola logo are registered trademarks of ISOLA USA Corp. in the U.S.A. and other countries. All other trademarks mentioned herein are property of their respective companies. Copyright (c) 2015 Isola Group. All rights reserved.
CONTACT: Editorial Contact:
Tiffany C. Zinn
Global Marketing Communications Manager
Isola Group
480-282-6368
Tiffany.Zinn@isola-group.com
Legal Contact:
Mike Rafford
Vice President, General Counsel and Corporate Secretary
Isola Group
480-893-6527
Mike.Rafford@isola-group.com
Source: Isola Group via GLOBE NEWSWIRE
