HP - Resolved this matter quickly |
Pradeep Jotwani, senior vice president, Imaging and Printing Supplies Business, HP continued: "HP is pleased to be able to resolve this matter quickly without extensive litigation and will constantly monitor InkCycle and others for possible patent infringement."
InkCycle - Learned of the problem
"As an ethical company, InkCycle respects all IP rights. Our experience with HP has led to a further strength-ening of our IP knowledge base, a critical factor for InkCycle's continuing aftermarket leadership," said Brad Roderick, vice president, InkCycle. "We worked quickly and in collaboration with HP to procure reformulated inks when we learned of the problem and believe that helped bring this matter to a speedy resolution."
InkCycle is a leading volume producer of remanufactured inkjet cartridges in North America. Selling under private and proprietary labels, InkCycle provides cartridges to several of the most respected remanufactured inkjet brands.
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business / home computing and imaging & printing. For the four fiscal quarters ended April 2005, HP revenue totaled $83.3 billion.