Epson Accepts Settlement in Patent Infringement Lawsuit

- TOKYO, Japan, June 1, 2011 -

Seiko Epson Corporation ("Epson", TSE: 6724) today announced it had agreed to settle patent infringement lawsuits with Taiwanese ink cartridge manufacturer UBAR. The agreement, which was finalized on May 12, was made after the Taiwanese company accepted Epson's claims of settlement fees relating to ink cartridge intellectual property rights.

In an initial judgment made on April 28, 2010, the Taiwan Taichung District Court upheld Epson's utility model claims, and ordered UBAR to pay damages and cease sales of the offending products. This judgment was appealed by UBAR. However, according to a settlement made before the appeal court, UBAR has agreed to cease production and sales of the products concerned, and also to pay settlement fees to Epson.

Epson takes great care to observe laws and regulations, and to maintain high standards of corporate ethics while at the same time expecting others to show appropriate respect for its rights. We will continue vigorous enforcement of our intellectual property rights to protect our innovative products against those who use Epson's patented technology, trademarks, and other intellectual property without permission.

About Epson
Epson is a global imaging and innovation leader that is dedicated to exceeding the vision of customers worldwide through its compact, energy-saving, high-precision technologies, with a product line-up ranging from printers and 3LCD projectors for business and the home, to electronic and crystal devices.
Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises nearly 75,000 employees in 100 companies around the world, and is proud of its ongoing contributions to the global environment and the communities in which it operates.