HP Exercises Intellectual Property Rights in Ink
Company discovers patent infringements by retailers Walgreens and OfficeMax.
PALO ALTO, Calif., June 21, 2006, HP today announced that the company is working with national retailers Walgreen Co. and OfficeMax to resolve ink patent infringements found in multiple U.S. stores of both companies.
Inks found in both Walgreens and OfficeMax refilling service stations infringe HP patents. Both companies are cooperating with HP and are working toward resolution.
“HP protects its intellectual property wherever infringements are found,” said Pradeep Jotwani, senior vice president, Supplies, Imaging and Printing Group, HP. “Decades of research and development investment by HP have resulted in more than 4,000 patents related to printing supplies, allowing us to deliver the superior quality and reliable printing experience associated with original HP supplies.”
The patent infringements were discovered as part of ongoing worldwide testing and enforcement efforts within HP that are designed to protect the company’s intellectual property rights. Over the past year, the same initiative has uncovered ink patent infringements by other companies that offer generic ink supplies through refilling stations or private label brands.
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2006, HP revenue totaled $88.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2006, and other reports filed after HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP assumes no obligation and does not intend to update these forward-looking statements.
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