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Title Nautilus Hyosung America Wins With ITC Final Determination
Name 관리자2017.07.18 (70122Hit)

Nautilus Hyosung America Wins With ITC Final Determination Confirming Diebold Nixdorf's Infringement of Key Patented Technology

ITC Hands Down Exclusion Order and Cease and Desist Order Barring Diebold Nixdorf From Importing and Selling ATMs Containing Hyosung-Patented Technology

News provided by Nautilus Hyosung America


Nautilus Hyosung America (Hyosung), the largest and fastest-growing ATM provider in the United States, is proud to announce that the U.S. International Trade Commission (ITC) has issued its final determination confirming Diebold Nixdorf's latest line of financial industry products that incorporate its ActivMedia technology specifically Diebold's 7700, 7780, 7790 and 9900 ATMs infringe Hyosung's patent rights.


In the July 14, 2017 decision, the ITC found Diebold Nixdorf infringed Hyosung's U.S. Patent No. 8,523,235, which was a major advancement in the industry ? providing critical automated deposit technology with a specific, high-efficiency, high-reliability design for the processing and depositing of mixed bundles of cash and checks while avoiding the significant dangers accompanying overlapped bills. Based on its finding of infringement and the determination that Diebold Nixdorf has violated the trade statute, the ITC has issued orders that bar Diebold Nixdorf from importing and/or selling in the U.S. any ATMs containing Hyosung-patented technology.


"Today is yet another great day for Hyosung as the ITC has affirmed the ALJ's ruling that Diebold is wrongfully infringing Hyosung's patented technology," said Sungmahn Kim, EVP and COO of Nautilus Hyosung America. "Although we did not start this patent dispute with Diebold Nixdorf, we have every intention of ensuring this ruling is properly enforced and their ATMs and components are kept out of the U.S."

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