ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

AMS American Shared Hospital Services

2.97
0.039 (1.33%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Shared Hospital Services AMEX:AMS AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.039 1.33% 2.97 3.03 2.94 2.94 526 01:00:00

ams wins patent validity lawsuit launched by Melexis; existing patent infringement verdict against Melexis reinstated & in fo...

22/05/2014 8:11am

Business Wire


American Shared Hospital... (AMEX:AMS)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more American Shared Hospital... Charts.

ams (SIX: AMS), a leading worldwide manufacturer of high performance sensor and analog solutions, announces that the company has won a last-instance verdict against Melexis N.V. / SA (Belgium) in the patent validity lawsuit launched by Melexis with respect to the European Patent EP 0 916 074 B1 covering magnetic field position sensor products.

The German Federal Supreme Court (Bundesgerichtshof) in Karlsruhe (Germany) recently issued a final verdict validating the patent, which is exclusively held by ams, and nullifying Melexis’ claim that the underlying contactless position sensor technology was not patentable. ams had expected to prevail in the last instance of the patentability lawsuit following its appeal of the first-instance decision by the Federal Patent Court (Bundespatentgericht) in Munich (Germany).

Given the patentability decision against Melexis the existing first-instance verdict in the patent infringement lawsuit against Melexis N.V. / SA (Belgium) and its German subsidiary Melexis GmbH is fully reinstated. This lawsuit covers magnetic field position sensor products and European Patent EP 0 916 074 B1 and was brought before the District Court (Landgericht) in Duesseldorf (Germany) by ams. As a consequence, Melexis continues to carry the risk of financial damages for patent infringement being awarded to ams on the basis of the valid infringement verdict.

Bernd Gessner, Executive VP and General Manager Business Unit Automotive at ams, commented: „We are delighted by the Federal Supreme Court decision validating our patent which has been exclusively held by ams since 2003. We are spending significant amounts of time, effort, and money to develop the technologies driving our products and will continue to vigorously defend our intellectual property (IP) against unauthorized use or infringement.”

ams is the worldwide leader in high resolution magnetic field sensor solutions. ams’ extensive range of rotary and linear position sensors provides robust, contactless position measurement for virtually countless applications.

amsMoritz Gmeiner, Director Investor Relationsphone: +43 (0) 3136 500 31211investor@ams.comwww.ams.com

1 Year American Shared Hospital... Chart

1 Year American Shared Hospital... Chart

1 Month American Shared Hospital... Chart

1 Month American Shared Hospital... Chart

Your Recent History

Delayed Upgrade Clock