Axis subject of patent infringement action in the U.S.
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Axis' wholly owned North American subsidiary, Axis Communications Inc., has been named as a defendant in a patent infringement suit brought in a U.S. federal district court. The patent suit was filed by Elbex Video Ltd. and is based on U.S. Patent No. 4,989,085, entitled "Apparatus for Remote Verification and Control of Close Circuit Television Cameras." Additional lawsuits involving the '085 patent have been filed by Elbex Video against other companies in the U.S.
- Discussions around patents are an ongoing subject in our line of business. We're too early in the process to make further comments on this issue and we will provide further information about this situation if necessary, said Ray Mauritsson, CEO of Axis Communications.
For further information, please contact: Margareta Lantz, Investor Relations and Corporate Communications Manager, Axis Communications Phone: + 46 46 2721800, e-mail: email@example.com
About Axis Axis increases the value of network solutions. The company is an innovative market leader in network video and print servers. Axis' products and solutions are focused on applications such as security surveillance, remote monitoring and document management. The products are based on in-house developed chip technology, which is also sold to third parties.
Axis was founded in 1984 and is listed on the O-list (Attract 40) of Stockholmsbörsen (XSSE: AXIS). Axis operates globally with offices in 16 countries and in cooperation with distributors, system integrators and OEM partners in 70 countries. Markets outside Sweden account for more than 95% of sales. Information about Axis can be found at www.axis.com.