Gentherm Resolves U.S. Patent Infringement Lawsuit

-- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, announced today that it successfully resolved its U.S. patent infringement lawsuit against IGB Automotive Ltd. Terms of the resolution were not disclosed. Gentherm President and CEO Daniel R. Coker stated, "We are extremely pleased with the outcome. The challenges raised by IGB in the U.S. Patent Office and the resolution of the lawsuit have confirmed the strength of our patent portfolio. We believe the results reflect the value of Gentherm's intellectual property and will facilitate a greater respect for Gentherm's intellectual property rights by the Company's competitors."