Cummins announces settlement with other company
Cummins Inc. announced a settlement agreement has been reached with JM Turbo Technology Corporation precluding the manufacture or sale of products that infringe Cummins patents.
As part of the settlement agreement, JM Turbo Technology acknowledged it illegally marketed and sold turbochargers protected by Cummins patents and other intellectual property rights registered in multiple countries. In addition, Cummins patents were infringed, valid and enforceable. Conditions of the settlement include JM Turbo Technologys agreement to stop all manufacturing, importation, exportation, advertising and/or sale of all infringing products. The settlement also calls for JM Turbo Technology to destroy all existing inventory of the infringing products.