Allows HeatLink and PexCor to use Uponor technology under license and resolves litigation in U.S. and Canada
MISSISSAUGA, ON, April 5, 2016 /CNW/ - Uponor announced today that it has reached an intellectual property licensing agreement with HeatLink Group Inc. and PexCor Manufacturing Inc.
HeatLink Group Inc. and PexCor Manufacturing Inc. are affiliated companies based in Calgary, Alberta that manufacture and sell PEX pipe. The agreement, which allows their use of Uponor's patented technology for PEX pipe manufacturing under license, resolves ongoing litigation in the U.S. and Canada regarding infringement of Uponor's Canadian Patent 2,232,376.
On March 16, 2016, Uponor secured a favorable ruling from the Federal Court of Canada regarding its patent infringement case against the two companies and had an additional case pending in the U.S. The ruling had required HeatLink, PexCor and related companies to halt manufacture and sale of PEX piping. Through the new agreement, they can resume business under a license agreement with Uponor.
"We're pleased that we were able to come to an agreement that protects our valuable intellectual property," says Bill Gray, president, Uponor North America. "It's a fair outcome for all involved and allows us to focus on our respective markets and customers."
Uponor Ltd. is a leading supplier of plumbing, fire safety, radiant heating/cooling, hydronic piping and pre-insulated piping systems for the residential and commercial building markets in Canada. The Canadian headquarters is located in Mississauga, Ontario, with satellite offices in Vancouver, Calgary, Regina, Québec and Atlantic Canada as well as two distribution centres serving customers from coast to coast.
© 2016 Uponor Ltd.
Uponor is a trademark of Uponor Corporation and Uponor Ltd.
SOURCE Uponor Ltd.
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