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WXCO Whx Corp. (MM)

13.02
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Whx Corp. (MM) NASDAQ:WXCO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.02 0 00:00:00

Arlon, Inc. Responds to Patent Infringement Lawsuit Filed by Rogers Corporation

12/12/2008 8:02pm

Business Wire


Whx Corp. (MM) (NASDAQ:WXCO)
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Arlon, Inc. (“Arlon”), an indirect subsidiary of WHX Corporation (“WHX”, NASDAQCM:WXCO) (collectively, the “Company”), is in receipt of the Complaint that Rogers Corporation filed against Arlon in the United States District Court in Hartford, CT. The Complaint alleges that Rogers is the exclusive licensee under U.S. Patent No. 5,552,210 and that Arlon’s TC600 circuit board material infringes that patent. Arlon believes that the lawsuit is without merit, and intends to vigorously defend itself against Rogers’ allegations. “We believe that this lawsuit is unfounded,” stated Robert Carini, President of Arlon’s Electronic Materials operations. “It is regrettable that Rogers chose to file the lawsuit before contacting us. At this point, we are in the process of retaining outside counsel and evaluating all of our legal options.” About the Company WHX is a diversified industrial products manufacturing company focused on niche industrial products with strong regional and global customer demand. WHX delivers value to its customers and stakeholders through the WHX Business System. WHX's companies manufacture and sell precious metal brazing products; engineered materials for the roofing, construction, natural gas, electric, and water industries; specialty tubing products and precision electroplated materials and stamped parts. WHX also manufactures and distributes high performance materials for the printed circuit board industry and silicone rubber-based insulation materials for industrial, military/aerospace and commercial markets; adhesive coated vinyl films and custom-engineered laminates, foils, foams and papers for industrial, consumer and commercial markets; and meat room cutting products and services to retail food stores and meat, poultry and fish processing plants. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, general economic conditions, the ability of the Company to market and sell its products, and the effects of competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could be inaccurate, and therefore, there cannot be assurance that any forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in any forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

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