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JCM Global Wins Judge's Ruling and Permanent Injunction in Case Against MEI
Judge Upholds Jury's $11.4 Million Patent Infringement Ruling, Awards $845,000 in Interest; Court Denies All MEI Post-Trial Motions
| Source: JCM Global
LAS VEGAS, NV--(Marketwire - November 11, 2009) - A U.S. District Court judge has upheld a Las
Vegas jury's January 2009 verdict that validated JCM Global's claim of
patent infringement by MEI's CashFlow® SC Series. In his ruling, the
judge awarded JCM $845,000 in interest on the $11.4 million jury award,
issued a permanent injunction against MEI and denied all four post-trial
motions put forward by MEI.
The subject of JCM's infringement claim surrounded JCM's innovative,
removable stacker mechanism, detailed in U.S. Patent #5,372,361, and the
jury found MEI infringed in four separate claims, awarding in excess of
$11.4 million in damages.
Additionally, the court issued a permanent injunction against sales of MEI
products that deploy the design found to infringe in the Nevada litigation.
Under the court order, MEI is enjoined from "making, using, selling or
offering to sell, or importing into the United States, the CashFlow SC
Series products with a removable pusher that were found by the jury to
infringe upon the '361 Patent."
Further, the court permanently enjoined MEI from "making, using, selling or
offering to sell, or importing into the United States, any CashFlow SC
Series product that includes a removable pusher that is insubstantially
different from the design of the CashFlow SC Series products found to
infringe upon the '361 Patent."
"We are very pleased with the judge's ruling. We have clearly shown that
our patented innovations are ours alone, and we have also clearly shown
that we will act aggressively in defense of our patents," said JCM Global
President/CEO Akiyoshi Isoi. "As I stated in January when the jury ruled in
our favor, our patented, innovative design has been a tremendous benefit to
our customers, and we are proud that our engineering efforts have been
vindicated."
JCM Global is the automated transactions solutions provider trusted by
operators and manufacturers alike. Its global offices provide top-level
sales, engineering and service for the world's best systems solutions for
the banking, gaming, kiosk and retail industries. JCM Global sets standards
with products such as the Universal Bill Acceptor (UBA®), Intelligent
Cash Box (ICB®) the Vega™ bill validator, and the new iVIZION™ bill
validator. For more information, visit www.jcmglobal.com.