14.03.2019 19:57:00
|
Hoist Fitness Systems, Inc. Announces Shandong Relax Health Industry Co., Ltd To Stop Importing Bio-Arc Units
SAN DIEGO, March 14, 2019 /PRNewswire/ -- HOIST Fitness Systems, Inc. ("HOIST") announced that Shandong Relax Health Industry Co., Ltd ("Relax Health") has consented to the entry of an order prohibiting it from importing into the United States strength-training products accused of infringing five of HOIST's patents including the "Bio-Arc" line of products sold by TuffStuff Fitness International, Inc. ("TuffStuff").
This consent order stems from an Investigation initiated by the United States International Trade Commission, styled Certain Strength-Training Systems and Components Thereof, Inv. No. 337-TA-1135, to determine whether Relax Health and TuffStuff engaged in unlawful trade practices by infringing five of HOIST's United States patents, all of which protect the novel technology found in HOIST's ROC-IT® product line.
"We are pleased Relax Health has agreed to stop importing the Bio-Arc products," said Jeffrey Partrick, President and CEO of HOIST. "HOIST has built its reputation on innovation. It is what sets us apart. We invest substantial resources in new, innovative technologies and patents. HOIST is committed to defending its intellectual property."
HOIST maintains an extensive portfolio of more than 190 patents, many of which pertain to its popular ROC-IT® line of selectorized and plate loaded strength equipment. Over the past decade, HOIST's ROC-IT® line of strength products, which continuously adjusts the user's position throughout the exercise, have become well-known and popular throughout the global fitness industry.
Jeffrey Partrick
1-858-578-7676
jpartrick@hoistfitness.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/hoist-fitness-systems-inc--announces-shandong-relax-health-industry-co-ltd-to-stop-importing-bio-arc-units-300812746.html
SOURCE HOIST Fitness Systems, Inc.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!