Mykrolis (NYSE:MYK)
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District Court Holds Pall in Contempt in Patent Litigation With
Mykrolis
BILLERICA, Mass., Jan. 19 /PRNewswire-FirstCall/ -- Mykrolis Corporation
(NYSE:MYK) reported today that the United States District Court for the
District of Massachusetts has held Pall Corporation (NYSE:PLL) in contempt of
court for the violation of a preliminary injunction to discontinue the sale of
certain fluid separation devices to its customers. The preliminary injunction,
which was issued on April 30, 2004, was dissolved in the Court's ruling. The
Court confirmed, however, that Mykrolis is entitled to proceed to trial on its
infringement claims against Pall.
The ruling requires Pall to disgorge all profits earned from the sale of its
PhotoKleen EZD-2 Filter Assembly products and colorable versions from the date
the preliminary injunction was issued through January 12, 2005. In addition,
Pall was ordered to reimburse Mykrolis for certain of its attorney's fees
associated with the contempt and related proceedings.
Mykrolis filed its law suit in March of 2003 charging Pall with infringing two
of its U.S. patents related to technology used in semiconductor manufacturing
for point-of-use photochemical dispense and filtration of photoresists and
solvents.
Peter W. Walcott, vice president and general counsel for Mykrolis, commented,
"We are pleased that the Court sanctioned Pall for its violation of the
preliminary injunction. However, we are disappointed that the Court chose to
dissolve the preliminary injunction, and we are evaluating the Court's decision
to determine our next steps, which may include appeal."
About Mykrolis
Mykrolis Corporation, based in Billerica, Massachusetts, is a worldwide
developer, manufacturer and supplier of liquid and gas delivery systems,
components and consumables used to precisely measure, deliver, control and
purify the process liquids, gases and chemicals, as well as the deionized
water, photoresists and vacuum systems utilized in the semiconductor
manufacturing process. In addition, the Company's products are used to
manufacture a range of other products, such as flat panel displays, high purity
chemicals, photoresists, solar cells, gas lasers, optical disks and fiber optic
cables. For more information, visit http://www.mykrolis.com/.
Mykrolis Forward looking Statement Disclaimer
The matters discussed herein, as well as in future oral and written statements
by management of Mykrolis Corporation that are forward-looking statements, are
based on current management expectations that involve substantial risks and
uncertainties which could cause actual results to differ materially from the
results expressed in, or implied by, these forward-looking statements. When
used herein or in such statements, the words "anticipate", "believe",
"estimate", "expect", "hope", "may", "will", "should" or the negative thereof
and similar expressions as they relate to Mykrolis, its business or its
management are intended to identify such forward-looking statements. Potential
risks and uncertainties that could affect Mykrolis's future operating results
include, without limitation, the risk that a sustained industry recovery may be
weaker and/or shorter than past recoveries, our inability to meet increasing
demands for our products from our key customers; increased competition in our
industry resulting in downward pressure on prices and reduced margins, as well
as those risks described under the headings "Risks Relating to our Business and
Industry", "Risks Related to the Securities Markets and Ownership of Our
Securities," and "Risks Related to our Separation from Millipore" in Item 7,
Management's Discussion and Analysis of Financial Condition and Results of
Operations of our Annual Report on Form 10-K for the fiscal year ended December
31, 2003 as well as those risks identified in our other reports and filings
with the Securities and Exchange Commission.
Contacts:
Bertrand Loy, Chief Financial Officer
Steve Cantor, Director of Investor Relations and Corporate Communications
Tel#: 978-436-6500
Email:
DATASOURCE: Mykrolis Corporation
CONTACT: Bertrand Loy, Chief Financial Officer, or Steve Cantor,
Director of Investor Relations and Corporate Communications, +1-978-436-6500,
Web site: http://www.mykrolis.com/