Callaway Golf Wins Post Trial Motions in Lawsuit Against Acushnet
Date: 11/10/2008 9:15:01 PM
Federal Court Enjoins Sales of Pro V1 Effective January 1, 2009
CARLSBAD, Calif., Nov 10, 2008 (BUSINESS WIRE) -- Callaway Golf (NYSE: ELY) today announced that the United States District Court in Wilmington, Delaware, has granted Callaway Golf's request for a permanent injunction to stop sales of Acushnet's current line of Titleist Pro V1 family of golf balls, effective no later than January 1, 2009. At Callaway Golf's request, professional golfers will be allowed to play Pro V1 golf balls through the end of this calendar year.
In its ruling today, the Court also rejected Acushnet's request to overturn the jury's December 2007 verdict which found that Callaway Golf's golf ball patents were valid and infringed by Acushnet's Titleist Pro V1 family of golf balls.
"Callaway Golf has invested millions of dollars in Research and Development to create innovative products for millions of golfers around the world, and has protected those products with one of the broadest patent portfolios in golf," said Steve McCracken, Senior Executive Vice President, Chief Administrative Officer, Callaway Golf. "We are very pleased with today's decision which will stop the sale of these infringing Pro V1 golf balls."
About Callaway Golf
Through an unwavering commitment to innovation, Callaway Golf Company (NYSE:ELY) creates products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf accessories, under the Callaway Golf(R), Odyssey(R), Top-Flite(R), and Ben Hogan(R) brands in more than 110 countries worldwide. For more information please visit www.callawaygolf.com or shop.callawaygolf.com
SOURCE: Callaway Golf Company
Callaway Golf
Michele Szynal, 760-804-4150
Michele.Szynal@callawaygolf.com
or
Tim Buckman, 760-804-4133
Tim.Buckman@callawaygolf.com |
