CAMBRIDGE, Mass.,Nov. 18, 2019 (GLOBE NEWSWIRE) -- GCP Put on Technologies Inc. (NYSE: GCP), a leading global provider of engineering products technologies, announced who's has filed a patent infringement lawsuit against AVM Industries, Inc. (“AVM”) in the us District Court for the particular Central District of Idaho. In the complaint, GCP alleges that AVM’s unauthorized apply and sale of waterproofing membranes for example Aussie Skin® 550 as well as Aussie Skin® 560, which can be imported from China, includes infringed and continues to infringe GCP’s U. UTES. Patent No. 8, 713, 879, titled “Waterproofing Membrane. ” Your lawsuit seeks injunctive reduction against further infringement, along with damages and attorney’s fees in amounts being determined at trial. Copies of the filing and other documents in connection with the lawsuit are available via registration for the Court’s website, www. cacd. uscourts. gov.
GCP has marketed and also sold PREPRUFE® pre-applied waterproofing membranes habitual and has constantly changed and improved its waterproofing membrane layer technology through continuing investment funds in research and progression, innovation and intellectual house, which it intends to protect vigorously. The technology described inside the aforementioned patent is based on and employs PREPRUFE® technological know-how, which enhances the bonding of concrete into the adhesive and minimizes waste paper at the jobsite. GCP owns several patents domestically and internationally covering its various waterproofing membrane layer technologies.
About GCP Used Technologies Inc.
GCP can be a leading global provider with construction products technologies of which include additives for cement and concrete, the VERIFI® in-transit cement management system, high-performance waterproofing solutions, and specialty systems. GCP products have been used to build a lot of the world’s most renowned fabrications. More information is at www. gcpat. com.
Forward-Looking Assertions
This announcement contains “forward-looking terms, ” that is, information regarding future, not past, activities. Such statements generally add the words “believes, ” “plans, ” “intends, ” “targets, ” “will, ” “expects, ” “estimates”, “suggests, ” “anticipates, ” “outlook, ” “continues, ” as well as similar expressions. Forward-looking assertions include, without limitation, transactions about expected: financial roles; results of operations; dollars flows; financing plans; company strategy; operating plans; arranged alternatives; capital and different expenditures; competitive positions; expansion opportunities; benefits from different technology; and cost decrease initiatives. GCP is be more responsive to various risks and uncertainties that could cause its actual final results to differ materially from those from forward-looking statements, including, without limitation, risks related that will: the cyclical and seasonal nature from the industries that GCP will serves as; foreign operations, especially within emerging regions; changes in fx rates; the cost and also availability of raw materials and energy; new product introductions and other growth initiatives; acquisitions as well as divestitures of assets; GCP’s excellent indebtedness, including debt covenants and interest exposure; GCP’s funded along with unfunded pension obligations; guarantee and product liability promises; legal proceedings; the inability to determine or maintain certain company relationships, including with users and suppliers; employee retention; and compliance with environmental laws. These and additional factors are identified and described in more detail in GCP's Annual Report on Form 10-K, containing been filed with that U. S. Securities and Exchange Commission and is available online at world wide web. sec. gov. Readers are cautioned to not ever place undue reliance on GCP’s projections and various forward-looking statements, which speak only because date thereof. GCP undertakes no desire to publicly release any kind of revision to its projections along with forward-looking statements contained with this announcement, or to update these to reflect events or circumstances occurring following on from the date of this statement.
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