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CAMBRIDGE, Mass.,Nov. 18, 2019 (GLOBE NEWSWIRE) -- GCP Put on Technologies Inc. (NYSE: GCP), a leading global provider of engineering products technologies, announced that it has filed a patent infringement lawsuit against AVM Industries, Inc. (“AVM”) in the nation District Court for this Central District of Florida. In the complaint, GCP alleges that AVM’s unauthorized make use of and sale of waterproofing membranes for instance Aussie Skin® 550 and Aussie Skin® 560, that happen to be imported from China, provides infringed and continues to help infringe GCP’s U. UTES. Patent No. 8, 713, 879, titled “Waterproofing Membrane. ” Your lawsuit seeks injunctive elimination against further infringement, in addition to damages and attorney’s fees in amounts that they are determined at trial. Copies from the filing and other documents associated with the lawsuit are available via registration for the Court’s website, www. cacd. uscourts. gov.
GCP has marketed and sold PREPRUFE® pre-applied waterproofing membranes cardio and has constantly evolved and improved its waterproofing membrane technology through continuing investments in research and development, innovation and intellectual residence, which it intends to guard vigorously. The technology described inside aforementioned patent is founded on and employs PREPRUFE® technologies, which enhances the bonding of concrete to the adhesive and minimizes waste paper on the jobsite. GCP owns a multitude of patents domestically and globally covering its various waterproofing membrane layer technologies.
About GCP Placed Technologies Inc.
GCP can be a leading global provider connected with construction products technologies that will include additives for bare concrete and concrete, the VERIFI® in-transit concrete floor management system, high-performance waterproofing solutions, and specialty systems. GCP products have happen to be used to build many of the world’s most renowned components. More information is offered by www. gcpat. com.
Forward-Looking Transactions
This announcement contains “forward-looking phrases, ” that is, information associated with future, not past, occurrences. Such statements generally are the words “believes, ” “plans, ” “intends, ” “targets, ” “will, ” “expects, ” “estimates”, “suggests, ” “anticipates, ” “outlook, ” “continues, ” or perhaps similar expressions. Forward-looking terms include, without limitation, transactions about expected: financial roles; results of operations; income flows; financing plans; organization strategy; operating plans; ideal alternatives; capital and alternative expenditures; competitive positions; growth opportunities; benefits from different technology; and cost decrease initiatives. GCP is be subject to various risks and uncertainties that will cause its actual outcomes to differ materially from those within forward-looking statements, including, without limitation, risks related to be able to: the cyclical and seasonal nature in the industries that GCP acts; foreign operations, especially within emerging regions; changes in foreign exchange rates; the cost and also availability of raw products and energy; new product introductions along with growth initiatives; acquisitions along with divestitures of assets; GCP’s brilliant indebtedness, including debt covenants and monthly interest exposure; GCP’s funded as well as unfunded pension obligations; warranty and product liability promises; legal proceedings; the inability to establish or maintain certain small business relationships, including with shoppers and suppliers; employee retention; and compliance with the environmental laws. These and different factors are identified along with described in more fine detail in GCP's Annual Review on Form 10-K, which has been filed with the particular U. S. Securities and Exchange Commission which is available online at internet. sec. gov. Readers are cautioned never to place undue reliance on GCP’s projections as well as other forward-looking statements, which speak only because the date thereof. GCP undertakes no duty to publicly release any kind of revision to its projections and other forward-looking statements contained within this announcement, or to update them to reflect events or circumstances occurring following date of this headline.
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