Andrew Corporation, a global leader in communications systems and products, and Beverly Manufacturing Company have reached a settlement of the patent infringement lawsuit brought by Andrew.
Under terms of the settlement, Beverly acknowledges its infringement of Andrew’s patents for certain cable accessory products and will pay an undisclosed sum to the company. Andrew filed suit in 2004 accusing Beverly, based in Tinley Park, Ill., of infringing on its patents for cable transmission line hangers and grounding clips used in wireless networks. The settlement also requires that Beverly cease any further production of these products.
“Andrew Corporation is pleased with the outcome we have achieved in this case,” said John DeSana, executive vice president and group president, Antenna and Cable Products segment, Andrew Corporation. “Over the years, we have invested substantial amounts of time and resources into developing intellectual property that gives our customers an advantage in the market. We will continue to actively protect that intellectual property and ensure that others do not attempt to unfairly compete by infringing our patents and other valuable rights.”
About Andrew Corporation
Andrew Corporation (NASDAQ:ANDW) designs, manufactures, and delivers innovative and essential equipment and solutions for the global communications infrastructure market. The company serves operators and equipment manufacturers from facilities in 35 countries. Andrew (www.andrew.com), headquartered in Westchester, IL, is an S&P MidCap 400 company founded in 1937.
Forward-Looking Statements
Some of the statements in this news release are forward-looking statements and we caution our stockholders and others that these statements involve certain risks and uncertainties. Factors that may cause actual results to differ from expected results include fluctuations in commodity costs, the company's ability to integrate acquisitions and to realize the anticipated synergies and cost savings, the effects of competitive products and pricing, economic and political conditions that may impact customers' ability to fund purchases of our products and services, the company's ability to achieve the cost savings anticipated from cost reduction programs, fluctuations in foreign currency exchange rates, the timing of cash payments and receipts, end use demands for wireless communication services, the loss of one or more significant customers, and other business factors. Investors should also review other risks and uncertainties discussed in company documents filed with the Securities and Exchange Commission.
Andrew Corporation
News Media Contact:
Rick Aspan, +1 (708) 236-6568
publicrelations@andrew.com
or
Investor Contact:
Lisa Fortuna, +1 (708) 236-6507