PanOptx Admits Infringement and Agrees to Stop Selling Infringing Products
LIVERMORE, Calif., Oct. 12 /PRNewswire/ -- Wiley X Eyewear(R), the industry leader in the research and development of protective eyewear, won a major court battle against PanOptx(R), Inc. for infringing upon Wiley X's U.S. Patent No. 6,062,688 (the "'688 Patent"). Under the settlement, PanOptx will have to stop selling its Velocity CV and Warrior products to the military by the end of the year, and to all other market segments by the end of 2008. PanOptx will also be required to pay Wiley X royalties on all 2008 sales of these products.
This is a major settlement for Wiley X, whose cutting-edge technology provides critical eye protection for the FBI, DEA, Army Rangers, Navy SEALs and other elite Special Forces Units. "While we would have preferred not to have to litigate, we are very pleased that our patent rights have been vindicated, and that infringing products will be off the market as a result of this settlement," said Dan Freeman, Vice-President of Wiley X Eyewear. "We upheld a principle, and will not hesitate to do so again if our patent rights are not respected in the future."
Wiley X Eyewear began litigation in 2005 to enforce its rights under the '688 Patent, which covers unique aspects of Wiley X's Climate Control Series. PanOptx has acknowledged the validity of the '688 Patent, which protects the unique technology behind the series' removable, air permeable shield that provides eye protection while preventing fogging. This affects sales of PanOptx's Velocity CV series of frames -- including the Raptor CV, Sirocco CV, Diablo CV, Kona CV, Gust CV, Convertible CV, Solano CV, Bora CV, Churada CV, Whirlwind CV and Chubasco CV -- as well as the Warrior product lines -- including the Warrior V-Zero Ballistic and Warrior Tactical models.
With 20 years of innovation in providing advanced eyewear solutions to
the military and commercial markets, Wiley X is looki
|SOURCE Wiley X Eyewear|
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