Court of Appeals Rules on Stay of Permanent Injunction
Boxborough, MA - April 13, 2011 - SynQor, Inc. today announced that in the
matter of SynQor, Inc. v. Artesyn Technologies, Inc. et al, the United States
Court of Appeals for the Federal Circuit has ruled to reinstate, effective
immediately, a permanent injunction as to the unregulated and semi-regulated
bus converters sold by defendants Artesyn, Astec, Bel Fuse, Cherokee, Delta,
Lineage, Murata and Power One to certain customers while leaving a stay of the
injunction in place for certain other customers. [Click
here to see the Court's Order]
More specifically, the injunction has been reinstated
for bus converters sold by the defendants to end customers Cray, Inc., Fujitsu
and Juniper Networks as originally granted by the Federal District Court for
the Eastern District of Texas. As to Cisco Systems, the lower
court's permanent injunction was reinstated with immediate effect as to all of
the bus converters for which SynQor has a technically qualified
replacement. For all other enjoined bus converters sold to Cisco,
and those sold to Enterasys and Radisys, the stay of the injunction will remain
in place until the earliest of when SynQor provides a technically qualified
replacement part to them or September 30, 2011 or the Court's determination of
the consolidated appeals.
The Federal District Court's permanent injunction remains in full force and
effect for all other end customers as it has been since January 24, 2011.
SynQor President and Chief Executive Officer, Dr.
Martin F. Schlecht, commented: "We are very pleased with the Court's
ruling. The Court noted that "SynQor's qualified bus converters
'account for over 67% of Cisco's disclosed U.S. sales of end products
containing the bus converters at issue'". SynQor looks forward to
promptly working with Cisco and other end customers affected by the injunction
to fill their needs for unregulated and semi-regulated bus converters used in
intermediate bus converter architectures in the United States."
Inquiries concerning the foregoing should be directed
to Arthur R. Hofmann, Jr., SynQor's Executive Vice President and General
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