Stock exchange release
January 14, 2014 11:45 AM EEST
US Supreme Court denies Metso the right to appeal in a patent dispute between Metso and Terex
Metso Corporation's stock exchange release on January 14, 2014 at 10:45 a.m.
The United States Supreme Court has denied Metso the right to appeal a decision
by the United States Court of Appeals for the Federal Circuit in a patent
infringement lawsuit between Metso and Terex Corporation that rejected Metso's
claims for damages against Terex. As a result, this ruling remains final.
The dispute between Metso and Powerscreen International Ltd. (today known as
Terex GB Ltd.) covered Metso's claims for damages related to a patent covering
conveyers used in various mobile crushing and screening machinery. Metso has
issued stock exchange releases on the case on December 7, 2010, December
12, 2011, and May 15, 2013.
The outcome is not expected to have any significant financial impact on Metso.
Metso's mining and construction professionals specialize in always bringing the
right technology, processes, machinery and services to our customers in the
aggregates production, construction, mining and minerals processing and in metal
and waste recycling. Expect results.
Metso is a leading process performance provider, with customers in the mining,
construction, and oil & gas industries. Metso is also known for its advanced
solutions for pulp, paper and power generation. Our focus is on the continuous
development of intelligent solutions that improve sustainability and
shares are listed on the NASDAQ OMX Helsinki Ltd. Metso employs 18,000
in 50 countries. Expect results.
Further information, please contact:
Erica Aminoff, Senior Vice President, Chief Legal Officer, Mining and
Construction, Metso, tel. + 358 20 484 3246
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd