EFI has announced victory in its Spanish patent litigation with Jose Vicente Tomás Claramonte, the president of Kerajet, S.A., involving EFI Cretaprint's ceramic digital inkjet printing systems.
Claramonte filed a lawsuit against Cretaprint in May 2011, prior to EFI's January 2012 acquisition of the ceramic inkjet printer business, alleging that Cretaprint's ceramic digital inkjet printer products infringe his patent. The Commercial Court in Valencia has rejected Claramonte's infringement claims but the appeal period has not yet expired. A court in the United Kingdom issued a similar judgment of non-infringement late last summer.
The ruling comes as EFI reported a record revenue of $174.1m for the fourth quarter, up 7% compared to fourth quarter 2011 revenue of $163.1 million.
"We finished 2012 with a very strong quarter that marked a record year for EFI. The fourth quarter again demonstrated tremendous execution and commitment by our team, solidifying our third consecutive year of double-digit growth," said Guy Gecht, CEO.
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