Tama Plastic Industry
court settlement
21/02/05
Tama Plastic Industry is
pleased to announce that the Court of Mannheim, Germany, has accorded
final confirmation to a settlement of the patent infringement suit
that was brought by Tama against RKW.
RKW is a manufacturer of
round bale netwrap which is sold under various brand names including
Rondotex and Rondosil. Under the terms of the settlement, in addition
to a certain monetary compensation to Tama, RKW is to cease production
of net with "Edge
to Edge" characteristics as described in Tama's European Patent
nr. EP 0919655 B1.
Edge to Edge is a production technology which
enables bale wrap net to spread across the full width of the
bale. The settlement allows for RKW to sell off a limited quantity
of the net which was produced prior to the settlement and held
in stock; however that stock will now not be replenished.
Tama
sees this development as an important element in its ongoing
commitment to product innovation. Tama will continue to invest
its funds and its efforts in developing new ideas and bringing
them to fruition; and will continue to defend its rights to the
resulting intellectual property.
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