OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Oak Brook, Ill., Aug. 31, 2017 -- A unanimous Federal jury in District Court in Chicago found in favor of Chamberlain Group in the assertion of patents against Hong Kong-based Techtronic Industries Co. Ltd (TTI), the parent company to brands such as Ryobi, Milwaukee, Hoover and Oreck, and several related entities. The jury found TTI to have willfully infringed on two U.S. Patents (U.S. Patent No. 7,635,966 and 7,224,275) through the manufacture and sale of its garage door opener under the Ryobi brand sold exclusively through The Home Depot.
|
|||
“We invest significant resources to bring innovation and technology to our Chamberlain and LiftMaster offerings,” said JoAnna Sohovich, CGI CEO. “We respect the intellectual property laws of the United States and we will continue to rigorously defend our patents and our reputation.”
The jury's decision validates CGI's ongoing efforts to enforce its intellectual property portfolio.
“For over fifty years, CGI has invested in research, product innovation and consumer education as exhibited by the hundreds of global patents we hold in this space," said Sohovich. “This verdict is a big win for innovators and customers alike as it will allow us to continue to develop new solutions that provide access and knowledge to our consumers."
*****
Chamberlain Group (CGI) is a global leader in access solutions and products. As the corporate parent company to LiftMaster, Chamberlain, Merlin and Grifco, we design and engineer residential garage door openers, commercial door operators and gate entry systems. Our products are connected through our innovative MyQ technology which empowers users to control or monitor their entry points through smartphone access. We are also the parent company to Controlled Products Systems Group, the largest wholesale distributor of perimeter access control equipment in the U.S.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/809c1dd0-a03f-4a8d-b463-e81e0b9ff2ff
Emily Davis Chamberlain Group 6302076895 [email protected]
