CTC Global Wins Patent Infringement Lawsuit Against Mercury Cable

CTC Global Corporation won its patent infringement suit against Mercury Cable & Energy, and related individuals and entities (“Mercury”). The lawsuit was initially filed on March 3, 2009 in the UNITED STATES DISTRICT COURT FOR THE CENTRAL DISTRICT OF CALIFORNIA SOUTHERN DIVISION (case number SACV 09-cv-00261 DOC-E).

The Court entered judgment that Mercury infringed CTC’s U.S. Patent No. 7,368,162 and U.S. Patent No. 7,211,319 by making, selling, offering to sell, importing, supplying components or substantial portions of components for, or testing HVCRC (a composite carbon core-based high voltage conductor), or causing others to make, sell, offer to sell, import, supply components or substantial portions of components for, or test HVCRC.

Further, the judgment confirmed that CTC Global’s U.S. Patent No. 7,368,162 and U.S. Patent No. 7,211,319 are valid and enforceable, and that CTC did not commit fraud in procuring or seeking enforcement of these patents.

In addition, a permanent injunction was entered by the U.S. District Court requiring that Mercury, as well as its respective officers, agents, servants, employees and all persons who are in active concert or participation with them, immediately cease from infringing or causing others to infringe these patents.

J.D. Sitton, CTC Global’s Chief Executive Officer stated: “CTC Global invested heavily to develop, test, prove and commercialize its patented ACCC core and ACCC conductor. Responsible transmission utilities around the world recognize the capability and reliability of these amazing products. My colleagues and I are gratified that Mercury has finally been held accountable for its actions.”

Mr. Sitton added “CTC is focused on developing and manufacturing excellent products for, and providing industry-leading technical and field support to its utility and industrial customers. This outcome helps to ensure that innovation will continue to flourish at our company and in our industry.

*ACCC is a Registered Trademark of CTC Global Corporation and ACCC Conductor Patents have been issued in key markets, worldwide.

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