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PRESS RELEASE: Kodak Takes Action Against Samsung and LG For Patent Infringement
Kodak Asserts that Samsung and LG Camera Phones Infringe its Digital Camera Patents
ROCHESTER, N.Y., Nov. 17 -- Eastman Kodak Company (NYSE:EK) announced today that it has filed complaints against Samsung Electronics, LG Electronics and other related entities for infringement of Kodak patents.
The Kodak actions specifically allege that Samsung and LG camera phones infringe Kodak digital camera patents. The patents in question cover technology related to image capture, compression and data storage and a method for previewing motion images.
Kodak filed against Samsung and LG in the United States District Court for the Western District of New York, as well as in the U.S. International Trade Commission. Kodak's District Court complaints request compensation for damages resulting from the companies' infringement, and both the District Court and ITC actions seek injunctions prohibiting Samsung and LG from further importation and sale of products cited in the complaints. Kodak did not disclose the amount of damages it is pursuing.
"Kodak has a long history of innovation and we have invested many millions of dollars developing our digital camera technology," said Laura G. Quatela, chief intellectual property officer and vice president, Eastman Kodak Company. "We've held discussions with both companies in an attempt to resolve this issue and have not been able to reach a satisfactory agreement. Consequently, we must take this legal action in order to ensure that we protect the interests of our shareholders and existing licensees of Kodak digital camera patents."
Kodak has licensed its imaging patents to several leading technology companies including: MEI/Panasonic, Motorola, Nokia, Olympus, Sanyo, Sharp, Sony, Sony Ericsson and others.
(First posted on Tuesday, November 18, 2008 at 00:53 EST)
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