Thursday, 31 August 2000
Martin Professional A/S has reached a settlement with Vari-Lite Inc which sees the lifting of the injunction against the Martin MAC 500s, MAC 600s and MAC 300s in the US market. The two companies had been locked in a long-running legal battle over the issue of the manufacture and sale of the MAC units which also extended to the company's Case series controller when sold in conjunction with these. Only two months ago, the United States Court of Appeals for the Federal Circuit had reaffirmed the injunction, rejecting Martin's claim that the patent expired in July 2000, ruling instead that it did not expire until March 2001. For Martin Professional, the settlement means a return to full trading freedom in the United States, which is expected to contribute positively towards the company's future development in terms of both turnover and profitability. With the recent release of a half-year financial report showing significant growth and profitability over 1999, the return of the full MAC range to the American market is expected to have a further positive impact.