Corporate | 13 March 2006 11:42
Isotope Products Laboratories: License Agreement settles Compensation Claim Suit
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Berlin, 13 March 2006. The American companies International Isotopes Inc.
and Radqual LLC have acquired several licenses from the Californian company
Isotope Products Laboratories Inc. (IPL) to reproduce radioactive sources
for nuclear medical imaging as part of a court settlement. In return, the
Californian subsidiary of Eckert & Ziegler AG (ISIN DE0005659700) dropped
its compensation claims suit. This agreement was signed in America at the
beginning of March.
IPL had filed a suit against the two companies and against former employees
of the DuPont radioactive source division after they recently offered a
series of radioactive components which had until this time been produced by
IPL and DuPont. IPL claimed that it had acquired the exclusive rights to
these products in 2001 with its takeover of the DuPont radioactive source
division.
As part of the settlement it was agreed that this production would take
place in the future under a licensing agreement with IPL. Notification to
this effect was issued by the defendant companies; otherwise the parties
agreed confidentiality as to the licensing conditions.
Your contact:
Eckert & Ziegler AG, Karolin Riehle, Public Relations
Robert-Rössle-Str. 10, D-13125 Berlin
phone: +49 (0) 30 / 94 10 84-138; fax: -112
E-mail: karolin.riehle@ezag.de, www.ezag.de
(c)DGAP 13.03.2006
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language: English
emitter: ECKERT & ZIEGLER Strahlen- und Medizintechnik AG
Robert-Rössle-Str. 10
13125 Berlin Deutschland
phone: +49 (0)30 941 084-0
fax: +49 (0)30 941 084-112
email: karolin.riehle@ezag.de
WWW: www.ezag.de
ISIN: DE0005659700
WKN: 565970
indexes:
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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