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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (40272)12/17/1997 9:19:00 AM
From: Tom Gebing  Read Replies (1) | Respond to of 58324
 
Let me see if I have this right. Nomai can do whatever they want (except sell ) the original design, which apparently did not function right. But still can not produce or sell the modified version they came up with ( that may work in Zips) Did I read this right ??? Anyone ?????

See below for the part of the release I am referring to ;

<< ROY, Utah--(BUSINESS WIRE)--Dec. 17, 1997--Iomega Corp. (NYSE:IOM) announced that the preliminary injunction it had been awarded on June 20, 1997 prohibiting Nomai SA, a French competitor, from duplicating the shape of Iomega's Zip(R) cartridge or Zip cartridge shutter was lifted on Dec. 12, 1997 by a panel of appellate court judges in Paris, France. The company is evaluating whether to exercise its right to appeal. The June 20, 1997 injunction was based on an earlier design of Nomai's XHD 100 cartridge, which was subsequently redesigned before its commercial introduction in France in September 1997. As part of the Dec. 12, 1997 decision, Nomai's request to cancel earlier seizures conducted by Iomega against Nomai in France was denied for a second time. On Sept. 30, 1997 >>