NORTH CANTON, Ohio,
Dec. 1, 2016 /PRNewswire/ --
Diebold Nixdorf today announced the
initial determination of the International Trade Commission, in
which the Administrative Law Judge recommends an exclusion order
barring the importation of Nautilus Hyosung deposit
automation-enabled automated teller machines (ATMs) and modules.
The decision, which finds that Hyosung infringes two Diebold
patents and rejects Hyosung's claim that the patents are invalid,
vindicates Diebold's concern that Hyosung is infringing Diebold's
intellectual property rights.
The patents found to infringe relate to technology allowing the
ATM to read the magnetic ink data on a check submitted for deposit,
and on structures that make service and maintenance of ATMs simpler
and more efficient. Regarding the possibility of Hyosung designing
around the magnetic ink patent, Jonathan
Leiken, Diebold Nixdorf
senior vice president and chief legal officer said, "The only way
Nautilus Hyosung can avoid infringing the patent is to rely on
optical reading functionality that decreases check reading accuracy
and substantially increases the risk of fraud."
The initial determination found that Hyosung does not infringe a
third patent, but the products accused of infringing that patent
are the same products as are found to infringe the magnetic-ink
patent. Accordingly, the decision on the third patent does not
affect the scope of the exclusion order that the Administrative Law
Judge has recommended.
The Administrative Law Judge's decision is subject to review by
the International Trade Commission. The Commission defers to the
Judge's findings of fact in the case.
"Our company has built a strong patent portfolio, investing
hundreds of millions of dollars in research and development, and
has been granted numerous patents to protect that investment," said
Leiken. "We are committed to protecting our interests in U.S.
industry, as well as enforcing our intellectual property rights
throughout our portfolio of solutions. Following the conclusion of
the ITC proceedings, Diebold Nixdorf
expects to seek significant damages in a jury trial in U.S. federal
court for Hyosung's infringement activities."
About Diebold Nixdorf
Diebold Nixdorf is a world leader
in enabling connected commerce for millions of consumers each day
across the financial and retail industries. Its software-defined
solutions bridge the physical and digital worlds of cash and
consumer transactions conveniently, securely and efficiently. As an
innovation partner for nearly all of the world's top 100 financial
institutions and a majority of the top 25 global retailers,
Diebold Nixdorf delivers
unparalleled services and technology that are essential to evolve
in an 'always on' and changing consumer landscape.
Diebold Nixdorf has a presence in
more than 130 countries with approximately 25,000 employees
worldwide. The organization maintains corporate offices in
North Canton, Ohio, USA and
Paderborn, Germany. Shares are
traded on the New York and
Frankfurt Stock Exchanges under the symbol 'DBD'. Visit
www.DieboldNixdorf.com for more information.
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SOURCE Diebold Nixdorf