Pivotal Systems Resolves Outstanding Claims
Pivotal Systems Corporation (ASX: PVS, “Pivotal” or the “Company”), a leading provider of innovative gas flow control (GFC) solutions to the semiconductor industry, reached a comprehensive settlement with Flow Devices and Systems, Inc. (“FDS”) as well as Bhushan Somani and other affiliates resolving all outstanding claims regarding intellectual property among the parties.
- Pivotal Systems Corporation (ASX: PVS, “Pivotal” or the “Company”), a leading provider of innovative gas flow control (GFC) solutions to the semiconductor industry, reached a comprehensive settlement with Flow Devices and Systems, Inc. (“FDS”) as well as Bhushan Somani and other affiliates resolving all outstanding claims regarding intellectual property among the parties.
- FDS and Bhushan Somani agreed that Pivotal Systems is not liable for infringement of the Patent, and each agree that neither they nor any Affiliates (as described in the Settlement Agreement) will ever assert any claim for patent infringement against Pivotal Systems Corporation or any of the Pivotal Systems Releasees (as defined in the Settlement Agreement).
- If you have been contacted by Flow Devices and Systems, Bhushan Somani, or a representative of the group, please contact Pivotal Systems Corporation at the email and phone number available at www.pivotalsys.com .
- In the litigation, Pivotal Systems Corporation was represented by The Norton Law Firm PC and DLA Piper.