Garmin International, Inc., a subsidiary of Garmin Ltd. (NASDAQ: GRMN) announced today that the United States Patent and Trademark Office (USPTO) issued a final decision in the inter partes review (IPR) initiated by Garmin against a patent held by Cuozzo Speed Technologies LLC. The USPTO ordered cancellation of each of the claims under review and concluded that Cuozzo’s patent could not cover LCD technology like that employed by Garmin.
The USPTO’s decision is subject to appeal. Cuozzo had previously filed a lawsuit in New Jersey federal court alleging that Garmin’s popular nüvi ® personal navigation devices infringed Cuozzo’s speedometer patent.
“Garmin has a long history of fighting bogus patents and we are pleased to be the first company to file an inter partes review,” said Andrew Etkind, Garmin’s vice president and general counsel. “The IPR process provides a quick and efficient method to kill invalid patents in contrast to the years of litigation required to reach the same conclusion through the federal courts. We will continue to employ the IPR process to combat frivolous claims by patent trolls.”
Garmin was represented by a team led by Jennifer Bailey and Jason Mudd of Erise IP.About Garmin Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – most of which are enabled by GPS technology. Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/newsroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Quarterly Report on Form 10-K for the fiscal yearended December 31,2011, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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