July 25, 2001



AUTO WAX COMPANY WINS PATENT INFRINGEMENT LAWSUIT

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 HOT 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 Magic, 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.

For more information, contact David Miller.


 

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