Metso settles IP Dispute in Australia
Metso Corporation's Company release on May 14, 2010 at 1:15 p.m. local time
Australian Federal Court has entered an order related to the protection of Metso's certain intellectual property rights. According to the court order Metso has received from respondents' compensation in the amount of approximately EUR 14 million (AUD 20 million). The sum will be booked to Mining and Construction Technology's Q2/2010 result. Metso will continue to be active in protecting its intellectual property rights globally also in the future, acting with the objective to enhance fair competition.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com
For further information, please contact:
Erica Aminoff, Senior Vice President, Chief Legal Officer, Mining and Construction Technology, Metso,
tel. +358 20 484 3246
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 040 530 0778