| July 25, 2001 |
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Jury Finds Mark V Products, Inc. liable for $836,595 in damages
After a two-week trial, a federal court jury found that
Mark V Products, Inc. willfully infringed Auto Wax's U.S. Patent No.
5,727,993 by importing, offering to sell, and/or selling its BodyClay
product. The eight-member jury awarded $758,525 to Auto Wax for patent
infringement damages. The jury rejected all of Mark V's assertions that
the Auto Wax patent was invalid. The federal court jury also found that Mark V Products,
Inc. willfully infringed Auto Wax's RED HOTŪ
trademark. The jury also awarded Auto Wax $78,070 for trademark
infringement damages. Based on the jury's findings of willful
infringement, Auto Wax can now ask the Court to award treble damages and
attorneys' fees. Auto Wax's president, David Miller, said: "This is a
great victory for our patent and our company. A federal jury agreed that
our patent is valid and infringed. We're looking forward to moving
beyond this case, and continuing to provide quality clay products to new
and existing customers across the United States." Auto Wax sells Clay MagicŪ, the
industry's leading surface preparation bar. Auto Wax owns six patents
relating to clay products and provides private label clay to the
automotive industry.
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