Attached files
| file | filename |
|---|---|
| 8-K - CIX-8K-100226 - COMPX INTERNATIONAL INC | cix8k100226.htm |
COMPX
ANNOUNCES FAVORABLE INTERNATIONAL TRADE COMMISSION RULING
DALLAS,
TEXAS . . . February 26,
2010 . . . CompX International Inc. (NYSE: CIX)
announced that it prevailed in defending 38 of 40 of its products in an
International Trade Commission patent infringement investigation brought against
it and a wholly owned subsidiary, Waterloo Furniture Components
Limited. In the determination, the Judge found the only asserted
independent claim was invalid.
CompX
disagrees with the finding that Waterloo’s remaining two products were found to
infringe on a related but separate dependent claim within the complainant’s
patent and will vigorously appeal this finding. While these two
products comprise a very small percentage of Waterloo’s overall CompX ErgonomX®
product line, CompX and Waterloo respect validly enforceable intellectual
property rights of others in the marketplace. During the anticipated
appeal, Waterloo has undertaken steps to incorporate the components found not to
infringe into all of its products in order to mitigate any concerns in the
marketplace and ensure uninterrupted product flow to our
customers. The functionality and price of these products will remain
unchanged.
CompX is
a leading manufacturer of security products, furniture components and
performance marine components.
* * * *
*