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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.18-0.3%Dec 5 3:59 PM EST

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To: Rick Kunz who wrote (2456)4/1/1997 12:30:00 AM
From: Lance P. Dykhoff   of 3256
 
Just got this off the net. Has anyone else seen this yet?
Friday March 28 5:03 PM EST

Ampex( Ampex Corp )says Mitsubishi Electric suit thwarted

REDWOOD CITY, Calif., March 28 (Reuter) - Ampex Corp on Friday said it successfully defended itself against a patent infringement lawsuit brought by Mitsubishi Electric Corp 6503.T .

The suit was filed in the U.S. District Court for the Central District of California and alleged infringement of two Mitsubishi patents by Ampex in some of its video and data recorder products.

The court determined that Ampex has no liability to Mitsubishi, finding in favor of Ampex with respect to both Mitsubishi patents, Ampex said.

Mitsubishi filed the suit in December 1995, two months after Ampex brought suit against Mitsubishi alleging infringement of three Ampex patents, Ampex said.

That trial is scheduled to begin on Monday, March 31.
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