Federal Court Rules in Favor of TriMas' Cequent Americas Business on Patent Infringement

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--

TriMas Corporation TRS – a diversified global manufacturer of engineered and applied products – today announced that the Federal District Court in Colorado entered multiple summary judgment rulings, all in favor of TriMas' Cequent Americas business, and against Wyers Products Group, Inc. in a patent infringement lawsuit.

This dispute involved multiple patents for hitch receiver locks and universal trailer coupler locks. In its decision, the Federal Court ruled that Wyers' UMAX50 and UMAX100 universal trailer coupler locks, which Wyers sells under the Trimax brand, infringe Cequent's U.S. Patent No. 6,722,686 ("Cequent's ‘686 patent"). The Federal Court also rejected Wyers' claim that Cequent's ‘686 patent is invalid and ruled it was valid.

The Federal Court further determined that Cequent did not infringe, as a matter of law, the two patents that Wyers raised in this dispute, U.S. Patent Nos. 7,121,121 and 6,672,115.

About TriMas

Headquartered in Bloomfield Hills, Michigan, TriMas Corporation TRS provides engineered and applied products for growing markets worldwide. TriMas is organized into six reportable segments: Packaging, Energy, Aerospace, Engineered Components, Cequent APEA and Cequent Americas. TriMas has approximately 7,000 employees at more than 60 facilities in 19 countries. For more information, visit www.trimascorp.com.

TriMas Corporation
Christine Parker
Manager, Investor Relations & Communications
(248) 631-5438
christineparker@trimascorp.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!