Glaston Initiates Lawsuit Against North Glass

Since the year 2005 Glaston Group has forcefully been protecting its patents and intellectual property rights.

Currently, Glaston has collected evidence, supporting the patent infringement case against Luoyang North Glass Technologies Co., Ltd (“North Glass”). In Glaston’s opinion certain equipment sold in Mainland China by North Glass infringes the patent owned by Glaston Group.

Glaston Group has taken legal measures against North Glass and the competent Court has registered the case.

Judgements in Glaston’s favour

In November 2010, the federal Court in Ottawa, Ontario, Canada issued judgement in Glaston’s favour on the infringement of Glaston’s two patents for its unique tempering and bending technology. The Court ordered that a declaration is made against Shanghai Northglass for infringement of Glaston’s 1,308,257 Patent and 2,146,628 Patent. A similar judgement was issued in the United Kingdom in 2006.

During the last two years Glaston Group has several times been disclosing similar patent infringements of North Glass and the violation of North Glass’ disclosure obligation related to its IPO.

Currently, Glaston is also in the process of initiating legal action in Europe as the company has reason to believe that the European patents EP0261 611 and EP0679 613, owned by the company, are infringed by North Glass.

Glaston Group will continue to be active in protecting its Intellectual Property Rights globally.              

For further information, please contact:

Mrs Taina Tirkkonen

General Counsel

Glaston Corporation

Phone: +358 10 500 6934

Janice Zhou

Marketing Communication Manager, China

Glaston Shanghai Co., Ltd.

Phone:+8621 5840 9778

600450 Glaston Initiates Lawsuit Against North Glass
Date: 11 May 2012

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