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RTEC

Rudolph Technologies

$23.60

0.65 (2.83%)

, CAMT

Camtek

$3.23

0.03 (0.94%)

14:00
12/22/16
12/22
14:00
12/22/16
14:00

Rudolph 'pleased' with patent ruling by U.S. Court of Appeals

Rudolph Technologies (RTEC) announced that the U.S. Court of Appeals for the Federal Circuit has issued a ruling regarding Camtek Ltd.'s (CAMT) requested reexamination of Rudolph's U.S. Patent No. 7,729,528. The '528 patent is the subject of Rudolph's patent infringement lawsuit against Camtek's inspection systems which is currently stayed pending the resolution of the re-examination process. As background, in December of 2011, Rudolph filed a complaint against Camtek asserting that Camtek's Condor and Gannet inspection systems infringed Rudolph's '528 patent. Camtek responded by filing an inter partes reexamination petition regarding the '528 patent with the U.S. Patent and Trademark Office. Based on the parties' agreement, the Court stayed the lawsuit pending the outcome of the reexamination process. Of the '528 patent's 53 claims, reexamination was instituted on 18. Rudolph later appealed the PTO's decision to reject the 18 reexamined patent claims to the Court of Appeals for the Federal Circuit. Today's ruling by the Court of Appeals reversed the PTO's rejection of three of the 18 patent claims and affirmed the PTO's rejection of nine patent claims. The appeal of the remaining six patent claims was dismissed by the Court of Appeals for procedural reasons. "We are pleased that the Federal Court of Appeals reversed the Patent and Trademark Office's decision regarding the rejection of three claims of the '528 patent. We believe these claims, along with the other claims which were not rejected as part of the reexamination process, will form a solid basis by which we will ultimately prevail in the associated litigation," commented Robert Koch, Rudolph's vice president and general counsel. "It is our estimation that the claims which remain rejected were not essential for Rudolph's success in the litigation as the remaining claims are fully sufficient to hold Camtek accountable, once again, for its use of our patented technology in its tool offerings."

RTEC

Rudolph Technologies

$23.60

0.65 (2.83%)

CAMT

Camtek

$3.23

0.03 (0.94%)

RTEC Rudolph Technologies
$23.60

0.65 (2.83%)

07/29/16
DOTC
07/29/16
DOWNGRADE
DOTC
Neutral
Rudolph Technologies downgraded to Neutral from Buy at Dougherty
11/22/16
STFL
11/22/16
DOWNGRADE
STFL
Hold
Rudolph Technologies downgraded to Hold from Buy at Stifel
11/23/16
STFL
11/23/16
DOWNGRADE
STFL
Rudolph Technologies downgraded to Hold on valuation at Stifel
As previously reported, Stifel downgraded Rudolph Technologies to Hold from Buy. Analyst Patrick Ho cites strong share appreciation this year for the rating change and not any fundamental change to the story.
11/25/16
STFL
11/25/16
DOWNGRADE
STFL
Hold
Rudolph Technologies downgraded to Hold from Buy at Stifel
CAMT Camtek
$3.23

0.03 (0.94%)

02/11/16
02/11/16
NO CHANGE

Camtek reports Q4 non-GAAP EPS 8c, consensus 3c
Reports Q4 revenue $25.8M, consensus $25.67M.

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