CAMBRIDGE, Mass.,Nov. 18, 2019 (GLOBE NEWSWIRE) -- GCP Utilized Technologies Inc. (NYSE: GCP), a number one global provider of structure products technologies, announced it has filed a patent infringement suit against AVM Industries, Inc. (“AVM”) in america District Court for the Central District of Los angeles. In the complaint, GCP alleges that AVM’s unauthorized use and sale of waterproofing membranes including Aussie Skin® 550 in addition to Aussie Skin® 560, which might be imported from China, has infringed and continues that will infringe GCP’s U. ERSUS. Patent No. 8, 713, 879, titled “Waterproofing Membrane. ” Your lawsuit seeks injunctive alleviation against further infringement, together with damages and attorney’s fees in amounts to become determined at trial. Copies in the filing and other documents linked to the lawsuit are available via registration along at the Court’s website, www. cacd. uscourts. gov.
GCP has marketed along with sold PREPRUFE® pre-applied waterproofing membranes cardio and has constantly developed and improved its waterproofing membrane layer technology through continuing purchases in research and growth, innovation and intellectual residence, which it intends to safeguard vigorously. The technology described while in the aforementioned patent is dependant on and employs PREPRUFE® technology, which enhances the bonding of concrete to the adhesive and minimizes waste paper on the jobsite. GCP owns numerous patents domestically and globally covering its various waterproofing membrane layer technologies.
About GCP Placed Technologies Inc.
GCP is usually a leading global provider associated with construction products technologies that include additives for cement and concrete, the VERIFI® in-transit real management system, high-performance waterproofing products and solutions, and specialty systems. GCP products have recently been used to build a number of the world’s most renowned fabrications. More information is available at www. gcpat. com.
This announcement contains “forward-looking statements, ” that is, information regarding future, not past, situations. Such statements generally add the words “believes, ” “plans, ” “intends, ” “targets, ” “will, ” “expects, ” “estimates”, “suggests, ” “anticipates, ” “outlook, ” “continues, ” or perhaps similar expressions. Forward-looking claims include, without limitation, assertions about expected: financial opportunities; results of operations; funds flows; financing plans; internet business strategy; operating plans; proper alternatives; capital and alternative expenditures; competitive positions; expansion opportunities; benefits from fresh technology; and cost decline initiatives. GCP is at the mercy of various risks and uncertainties that may cause its actual effects to differ materially from those confined in forward-looking statements, including, without having limitation, risks related to: the cyclical and seasonal nature with the industries that GCP serves; foreign operations, especially throughout emerging regions; changes in foreign currency exchange rates; the cost and also availability of raw resources and energy; new product introductions along with growth initiatives; acquisitions as well as divestitures of assets; GCP’s exceptional indebtedness, including debt covenants and apr exposure; GCP’s funded and also unfunded pension obligations; extended warranty and product liability states; legal proceedings; the inability to establish or maintain certain company relationships, including with clients and suppliers; employee preservation; and compliance with the environmental laws. These and some other factors are identified along with described in more element in GCP's Annual Survey on Form 10-K, which has been filed with the U. S. Securities and Exchange Commission which is available online at www. sec. gov. Readers are cautioned not to ever place undue reliance on GCP’s projections along with forward-looking statements, which speak only for the reason that date thereof. GCP undertakes no debt to publicly release almost any revision to its projections and other forward-looking statements contained during this announcement, or to update these people to reflect events or circumstances occurring following a date of this headline.
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