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Technology Stocks : CFM Technologies Inc. (CFMT) -- Ignore unavailable to you. Want to Upgrade?


To: SemiBull who wrote (643)4/5/2000 7:15:00 PM
From: SemiBull  Respond to of 721
 
CFM's reply:

CFM Announces Action in Patent Suit

biz.yahoo.com

``Our rights with regard to the '761 patent have been upheld consistently since 1997 in Court rulings in our litigation against Steag MicroTech, Inc.,' said Roger Carolin, CFM's President and Chief Executive Officer. ``While we are disappointed with this decision, the Court's ruling does not challenge or diminish those rights. We continue to seek a permanent injunction preventing YieldUP and its parent, FSI International Inc., from using, making or selling equipment that violates this patent which covers key aspects of the Company's Direct Displacement(TM) drying
technology.'

The Company declined to announce whether it will appeal today's decision."



To: SemiBull who wrote (643)4/5/2000 7:19:00 PM
From: Chris Nevil  Read Replies (1) | Respond to of 721
 
Semi Bull, great info -- thank you.

I'm confused nevertheless (it's who I am and what I do <g>)-- CFM's press release made no mention (that I caught, anyway) about appealing the summary judgement. It seemed only to suggest that they expect to prevail on the remaining, unresolved patent infringement claim.

My Latin is poor too -- but I assume de novo means the case basically begins from scratch if accepted for appeal?

Thanks,

Chris