11/20/2003
Kryptonite and Distributor Found Guilty of Patent Infringement; Jury Awards Kensington More Than $1 Million in Damages
ACCO Brands, Inc. and its Kensington division today announced that they have prevailed in a lawsuit against Kryptonite Corporation and its distributor, American Power Conversion Corporation (APC), protecting Kensington's patented computer security lock technology. ACCO's Kensington division is the maker of the market-leading MicroSaver computer security cable locks and holds numerous patents relating to its lock technology.
A jury in Marshall, Texas agreed with Kensington on every count that Kryptonite's products - all four models of the Quick Mount Cable Lock - infringe Kensington's patents. The jury found that Kensington should be paid damages in excess of $1.13 million by Kryptonite and APC. ACCO Brands and Kensington will now seek injunctive relief to prevent future sales of the infringing products.
"While we aren't surprised by this courtroom victory, it underscores the critical importance of vigorously defending our patented products and intellectual property," said Paul Easthope, President of Kensington Technology Group. "There is no substitute for the Kensington MicroSaver, and we will continue to advance our long history of innovation by providing customers and consumers with the most reliable computer security products on the market. Kensington is a recognized leader and innovator in computer security - we created the security slot found on 95 percent of all laptops made today - and we will continue to set the industry standard in computer physical security, with products specifically designed to work with the Kensington Security Slot."
Notes to editors
About Kensington
Kensington, a leader in smart. safe. simple.™ computing accessories, is the recognized industry standard trusted by enterprises around the world. Kensington's mobile security product offerings include laptop and mobile security locks providing a new generation of front-line protection for mobile devices. In addition, Kensington offers accessories including power adapters, chargers, mice, keyboards, trackballs, universal docking stations, desktop accessories, carrying cases and iPad/iPhone/iPod accessories. Kensington Computer Products Group, headquartered in Redwood Shores, California, is the technology division of ACCO Brands (NYSE: ABD), a world leader in branded office products, with products marketed in more than 100 countries across the globe. For more information, visit www.kensington.com or call Kensington toll-free at 1-800-235-6708.