Tyco Retail Solutions Continues Actively Pursuing Suit Against Ningbo and Its Distributor

Company Confident in Outcome Based on Successful Resolution in all Similar Infringement Cases around the World

Boca Raton, FL — December 4, 2012 —Tyco Retail Solutions (“Tyco”), a leading global provider of retail performance and security solutions sold direct, through ADT and authorized business partners worldwide, announced today that it is continuing to vigorously pursue the lawsuit filed in China against both Ningbo Signatronics Technologies, Ltd. (“Ningbo”) and their distributor, Foshan Shunde Hongding Electronic Technology Co., Ltd. (“Hongding”) for infringement of a Sensormatic label patent. Contrary to Ningbo’s recent communications, the lawsuit is active and a final decision has not been reached by the Chinese court.

After analyzing samples of the Ningbo 58 kHz label, Tyco, through Sensormatic, filed a Complaint in Foshan Intermediate Court in Guangdong Province, China against both Ningbo and Hongding, asserting the Ningbo label infringes a Sensormatic patent on anti-theft Acousto-Magnetic (AM) label technology. The lawsuit also seeks damages and an injunction prohibiting Ningbo and Hongding from selling the label. The filing of this suit confirms Tyco’s commitment to protecting its patent rights obtained as a result of extensive investment in the research and development of Sensormatic AM technologies.

“We strongly believe Ningbo’s label infringes our patent, based on our testing of those labels,” said Nancy Chisholm, vice president and general manager, Tyco Retail Solutions. “Moreover, the validity of the asserted patent has been confirmed against challenges in China, the U.S. and Europe. Based on successful resolution of similar infringements around the world, we will continue to aggressively protect our Intellectual Property, and are confident we will prevail. We are committed to helping retailers drive profitable sales and navigate an increasingly competitive and dynamic global marketplace. Tyco consistently delivers quality solutions and expert services. Our AM labels are a critical component of the genuine Sensormatic anti-shoplifting systems retailers rely on. We are steadfast in protecting the proven technology and premier performance the Sensormatic brand represents.”

Tyco Retail Solutions currently holds over forty different patents, with more pending, covering Sensormatic AM label technology in many countries in every region of the world, which will remain in force for many years to come. With more than 45 years of experience in the retail market, Tyco guarantees the reliability of their genuine Sensormatic brand technology evidenced by the fact that 80 percent of the world’s top 200 largest retailers continue to count on Tyco to protect their merchandise and – more importantly – their bottom line. All genuine Sensormatic labels meet stringent quality, engineering and manufacturing standards. Additionally, Sensormatic products comply with global regulatory standards, delivering consistent performance and reliability that retailers depend on.

Chisholm adds, “Design quality and manufacturing consistency of AM tags and labels is critical to the overall performance and value creation of AM anti-shoplifting systems. A growing number of companies are selling non-Sensormatic brand AM tags and labels. Retailers should ask these companies if they employ the same quality and regulatory safeguards as Tyco, as variable quality and inconsistent performance may put retailers at risk, leaving them vulnerable to lost revenue in the short term and loss of customer confidence in the long term.

About Tyco Retail Solutions

Tyco Retail Solutions is a leading global provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world’s top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations, optimize profitability and create memorable shopper experiences.

The Tyco Retail Solutions portfolio for retailers is sold direct, through ADT and authorized business partners around the world. For more information, please visit www.tycoretailsolutions.com or visit www.YouTube.com/TycoRetailTV.

Contacts:

Jim Caudill

Tyco Retail Solutions

+1 (561) 912-6066

Julie Crotty

Attune Communications

+1 (978) 877-0053

TYCO, SENSORMATIC, ADT and the product names listed in this document are marks and/or registered marks. Unauthorized use is strictly prohibited.

Filed under Acousto-MagneticKeywords acousto-magnetic; EAS; electronic article surveillance; fraud; loss prevention; security; tags

Published on 12/4/2012 Permalink

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