Print-Rite Reaches a Settlement With Canon16 Sep, 2014
China/USA – September 15, 2014 – The Print-Rite group, including Print-Rite N.A. Inc., Union Technology International (Macao Commercial Offshore) Company Limited, Print-Rite Unicorn Image Products Company Limited, Innotex Precision Limited, and Print-Rite Holdings Limited (collectively, “Print-Rite”), a global leader in the aftermarket printer consumables industry, has been working closely with Canon to resolve the ITC investigation and the District Court case brought by Canon against Print-Rite alleging infringement of Canon’s patents.
Print-Rite is now pleased to announce that it has entered into a Settlement Agreement with Canon that resolves both the ITC investigation and the District Court Case.
Print-Rite is finalizing its plans for introduction of redesigned cartridges that avoid Canon’s patents, and we will inform our customers as soon as the new cartridges are available for sale. Print-Rite has been awarded numerous patents for its innovations and has over 2,200 patents and pending applications worldwide and remains committed to continued investments to benefit and protect its customers.
About Print-Rite Holdings Limited
Print-Rite Holdings Limited is a holding company for investing in the aftermarket printer consumable industry and for companies to own and manage properties in Hong Kong, People’s Republic of China and the United Kingdom.
About Print Rite Holding Limited’s subsidiaries
Beginning in the early 1980s, Print-Rite Holding Limited’s subsidiaries, including Print-Rite N.A. Inc., Union Technology International (Macao Commercial Offshore) Company Limited, Print-Rite Unicorn Image Products Company Limited and Innotex Precision Limited have invested in, developed, manufactured and sold products in the aftermarket printer consumable industry, with a product line that now exceeds 4,000 items, including ribbons, inks, inkjet printer cartridges, laser printer cartridges, toners, OPC, rollers, and chips. The aftermarket laser printer consumable products are provided by Print Rite’s subsidiaries within an extensive supply chain network unique in this sector. From components to finished products, all production takes place in modernized and well-equipped accredited plants meeting ISO 9001, ISO 14001 and IECQ HSPM QC 080000 standards. Print-Rite’s subsidiaries also take pride in the registration of over 2,200 patents and pending applications worldwide, made possible by their substantial investment in R&D.
Mr. Kieran Ho, Union Technology International (Macao Commercial Offshore) Company Limited, Deputy General Manager