Business Services Industry
Entegris and Miraial Settle Intellectual Property Lawsuit
Business Wire, July 26, 2006
CHASKA, Minn. -- Entegris, Inc. (Nasdaq:ENTG) announced today that it had agreed to settle the intellectual property lawsuit that it had brought against Miraial Co. Ltd. Effective May 25, 2006, Entegris, Inc. and Miraial Co. Ltd. executed a Settlement and License Agreement with respect to a patent infringement suit that had been filed by Entegris, Inc. in June of 2005 and which was pending in the U.S. District Court for the Southern District of New York. Pursuant to this settlement agreement, on June 5, 2006, the parties filed a Stipulation and Proposed Order of Dismissal with the Court providing for the dismissal with prejudice of this litigation. The terms of the settlement were not disclosed.
"Entegris' intellectual property rights are an important part of our market leadership in the global semiconductor industry," said Patrick McKinney, Vice President and General Manager of Entegris' Wafer Handling Business Unit. "The settlement with Miraial is in the best interests of both of our companies, and the valued customers Entegris serves worldwide."
ABOUT ENTEGRIS
Entegris (merged with Mykrolis in August 2005) is the global leader in materials integrity management - delivering a wide range of products for purifying, protecting and transporting critical materials used processing and manufacturing in semiconductor and other high tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service or research facilities in the United States, China, France, Germany, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information can be found at www.entegris.com.
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