19 December 2014
Alent plc reaches settlement with Moses Lake Industries, Inc. for copper damascene applications
Alent plc/Enthone announced today that it has settled its litigation with Moses Lake Industries, Inc. (MLI) regarding Enthone's patented copper damascene applications. This resolves all pending legal disputes between the companies.
Under the terms of the settlement, MLI entered into a license agreement with Enthone for monetary consideration. Under the license agreement, Enthone has granted MLI a non-exclusive worldwide license to key patents relating to advanced copper damascene processes.
Rick Ertmann, Interim Chief Executive, Alent plc said, "I am pleased that we have achieved a satisfactory outcome to this litigation. This settlement clearly demonstrates our commitment to protecting Alent's intellectual property."
Enquiries:
Alent plc: + 44 (0)1483 793291
David Egan, Group Finance Director
Frances Gibbons, Investor Relations Manager
Pendomer Communications + 44 (0)7703 330 269
Charles Armitstead
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