FORT MILL, S.C., Feb. 12, 2018 /PRNewswire/ -- Honeywell
(NYSE: HON) today announced that it has reached a settlement with
Code Corp., a company that manufactures bar code readers, to settle
Honeywell's claims that Code infringed certain Honeywell patents
related to bar code scanning technology.
Under terms of the settlement, Code has agreed to make a
significant lump sum payment to Honeywell to resolve Honeywell's
claims and to pay an annual royalty to license certain Honeywell
patents. Code also has agreed to redesign a portion of its products
and not to revert back to certain designs of this products that
were alleged to have violated Honeywell patents. In addition, Code
will dismiss all claims it asserted against Honeywell.
In 2017, Honeywell filed two patent infringement lawsuit against
Code in federal courts for infringement of multiple patents related
to Honeywell's bar code reading technology that makes bar code
readers easier to use and operate faster and more accurately.
Honeywell also filed a complaint asking the U.S. International
Trade Commission (ITC) to preclude Code from importing its products
that were alleged to have infringed Honeywell's patents into the
U.S. As part of the settlement, Honeywell will withdraw those legal
actions.
"We are pleased to reach an agreement with Code to settle our
claims of patent infringement," said Peter
Howes, president of Honeywell's Productivity Products
business. "Honeywell is committed to vigorously protecting its
intellectual property."
George Powell, President and CEO
of Code Corp., said, "We acknowledge the value of Honeywell's
patent portfolio relating to bar code scanning technology. Having
access to this technology will benefit Code's customers."
Honeywell Safety and Productivity Solutions (SPS) provides
products, software and connected solutions that improve
productivity, workplace safety and asset performance for our
customers across the globe. We deliver on this promise through
industry-leading mobile devices, software, cloud technology and
automation solutions, the broadest range of personal protective
equipment and gas detection technology, and custom-engineered
sensors, switches and controls. We also manufacture and sell a
broad portfolio of footwear for work, play and outdoor activities,
including XtraTuf™ and Muck Boot™ brand
footwear.
Honeywell (www.honeywell.com) is a Fortune 100
software-industrial company that delivers industry specific
solutions that include aerospace and automotive products and
services; control technologies for buildings, homes, and industry;
and performance materials globally. Our technologies help
everything from aircraft, cars, homes and buildings, manufacturing
plants, supply chains, and workers become more connected to make
our world smarter, safer, and more sustainable. For more news
and information on Honeywell, please visit
www.honeywell.com/newsroom.
Contact:
Eric
Krantz
803.835.8230
eric.krantz@honeywell.com
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SOURCE Honeywell