RICOH AND KATUN CORPORATION SETTLE PATENT INFRINGEMENT LAWSUIT
West Caldwell, NJ, January 16, 2008 - Ricoh Americas Corporation and Ricoh Electronics, Inc., and their parent company, Ricoh Company, Ltd., along with Katun Corporation, General Plastics Industrial Company, Ltd., and Nashua Corporation announced today that they have reached an out of court settlement in the lawsuit claiming infringement of several Ricoh patents as well as for trademark infringement and unfair competition, and a counterclaim against Ricoh for monopolization of the aftermarket for supplies and consumables for certain Ricoh, Savin, Lanier and Gestetner copiers.
No details of the settlement are available.
About Ricoh Americas Corporation
Ricoh Americas Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 71-year-old leading supplier of office automation equipment and electronics, with fiscal year 2006 sales in excess of $17 billion, an 8.4 percent increase over the previous year.
Ricoh Americas Corporation directly or through its network of authorized independent dealers markets and distributes products in North, Central and South America. For fiscal year 2006, Ricoh Americas Corporation sales exceeded $3.3 billion, an increase of 7.4 percent over the previous year.
Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at www.ricoh-usa.com.
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