NORTH CANTON, Ohio,
May 23, 2017 /PRNewswire/
-- Diebold Nixdorf, Incorporated (NYSE: DBD) today announced
that the International Trade Commission (ITC) has issued a final
ruling in favor of Diebold Nixdorf
in its patent infringement case against Korea-based Nautilus
Hyosung. The ruling bars Hyosung from importing or installing a
significant number of bank and retail grade automated teller
machines (ATMs) in the United
States because those products infringe Diebold's
patents.
The patents are just two examples of the leading edge technology
that differentiates Diebold from its competitors in the
marketplace. One patent relates to the innovative design which
allows for a more compact footprint and ease of service of
Diebold's ATMs. The other patent relates to Diebold's movable
MICR-head, which reads checks processed through an ATM with a high
degree of accuracy and security and represents a key component of
deposit automation technology in the
United States. After a full evidentiary hearing, the
administrative law judge found that there is "strong circumstantial
evidence that Hyosung had knowledge of Diebold's patented
technology, copied it, and encouraged its customers to use it in an
infringing way."
Several Nautilus Hyosung bank and retail grade ATMs are affected
by this exclusion order, including the following: Halo II series;
MX 5600 series; MX 5200 series; MX 7600 series; MX 7800
series; MX 8200 series; MX 8700 series and the MX 8800 series.
"This ruling confirms that Hyosung violated U.S. law by
importing and selling products that infringe our patented
technology," said Jonathan Leiken,
senior vice president, chief legal officer and corporate secretary
for Diebold Nixdorf. "Hyosung is now
barred from importing the infringing technology into the United States and their days of copying
Diebold innovations are over."
In addition, Diebold Nixdorf will
continue to pursue its claim for damages against Hyosung before a
jury in the U.S. District Court for the Northern District of
Ohio, based on Hyosung's
infringement of Diebold's U.S. technology.
About Diebold
Nixdorf
Diebold
Nixdorf, Incorporated (NYSE:DBD) 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 24,000 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