Picture of Ocado logo

OCDO Ocado News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeLarge CapSucker Stock

REG - Ocado Group PLC - Statement regarding ITC Trial

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211214:nRSN5138Va&default-theme=true

RNS Number : 5138V  Ocado Group PLC  13 December 2021

 

OCADO GROUP PLC

13 December 2021

 

Ocado Group plc

Ocado Wins ITC Trial

Ocado does not infringe any valid patent and AutoStore request for import ban
rejected

 

Judgment in the ITC trial was delivered on 13 December and the Chief
Administrative Law Judge has found in favour of Ocado. He held that three of
the four AutoStore patents are invalid. The fourth is not infringed. A fifth
patent was abandoned by AutoStore the night before the trial.

Ocado is pleased that the court has rejected AutoStore's attempt to use the
ITC process to obstruct the development of Ocado's business in the United
States. AutoStore's complaint to the ITC originally alleged infringement by
Ocado of 33 claims spread across five different patents.  The decision means
that all of the 33 claims have been rejected by the judge, or abandoned by
AutoStore.

Separately, Ocado continues actively to pursue its claims against AutoStore
for infringement of Ocado's patents in both the United States and Europe.
Ocado anticipates court determinations injuncting AutoStore and awarding Ocado
damages for AutoStore's infringement of Ocado's patents.

 

An Ocado spokesperson stated:

"We have consistently stated that Ocado does not infringe any valid AutoStore
IP, and we are pleased that the judge has now agreed with us. This was a
misconceived attempt by AutoStore to interfere with our business in the United
States.  We intend vigorously to continue our infringement claims against
AutoStore in the United States and Europe."

 

 

Contacts

●          David Shriver, Director of Communications, Ocado Group
plc, on 01707 228 000

●          Martin Robinson at Tulchan Communications on 020 7353
4200

 

 

 

Person responsible for arranging the release of this announcement:

 

Neill Abrams

Company Secretary

Ocado Group plc

Buildings One & Two

Trident Place

Mosquito Way

Hatfield

Hertfordshire AL10 9UL

Fax: +44 (0)1707 227 997

email: company.secretary@ocado.com (mailto:company.secretary@ocado.com)

 

Ocado Group plc LEI: 213800LO8F61YB8MBC74

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STRLXLLFFLLLFBK

Recent news on Ocado

See all news