Water Company compensated 3.5 million pounds for pump technology infringement

Recently, Waters disclosed to the outside world: The company has reached a settlement agreement with Agilent Technologies (Germany) Co., Ltd. on HPLC litigation. The settlement was made against alleged patent infringement by part of the UK court that part of the pump technology used by Waters' Alliance HPLC instrument. Waters discontinued the patented technology in 2002, so the settlement agreement does not affect Waters' sale of its Alliance HPLC instruments in the United Kingdom. After an agreement between both parties, Waters and its UK affiliates will be relieved of liability for past patent infringement, but Waters will have to pay Agilent Agilent a one-time payment of 3.5 million pounds. As a result of this settlement, Waters has adjusted its earnings for the fourth quarter of 2005 and the full year 2005 announced on January 24, and the adjusted earnings will include the three One hundred and ten thousand dollars (pre-tax) compensation and estimated residual costs. Meanwhile, as a result of this incident, Waters diluted earnings per GAAP in the fourth quarter of 2005 dropped from US $ 0.71 to US $ 0.69 per share, while diluted earnings per share for the full year of 2005 According to GAAP earnings decreased from 1.76 US dollars to 1.74 US dollars. It is understood that the same legal proceedings have also started in France and Germany. Waters, however, said the consequences of these litigations do not materially affect the company's previously announced financial position. Waters Corporation is a global leader in three areas: Liquid Chromatography, Mass Spectrometry and Thermal Analysis. The global market for these three areas is between $ 4.5 billion and $ 5 billion, while the total global market for analytical instruments exceeds $ 20 billion.

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