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Waters Corporation and Agilent Technologies Deutschland GmbH Resolve Outstanding HPLC Litigation.

Publication: Business Wire
Publication Date: 17-FEB-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
MILFORD, Mass. -- Waters Corporation (NYSE:WAT) reported today it had entered into a settlement agreement with Agilent Technologies Deutschland GmbH resolving certain outstanding HPLC related litigation between them.

The settlement provides for the resolution of a finding of patent infringement by a court in the United Kingdom with respect to a portion of the pump technology used in Waters' Alliance HPLC instruments. In 2002, Waters discontinued the use of the patented technology and the settlement has no effect on the Company's ability to sell its Alliance HPLC instruments in the United Kingdom.

In connection with the settlement, Waters and its United Kingdom affiliate have been released from any claims of past infringement under the patent and Waters has agreed to make a one time payment to Agilent of 3.5 million British Pounds Sterling.

As a result of the settlement, Waters has revised its fourth quarter 2005 and full year 2005 results as previously reported in a press release on January 24, 2006, to...

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