KHD Humboldt Wedag International AG: Settlement of a dispute with Claudius Peters Projects GmbH
Cologne, November 14, 2011 – Claudius Peters Projects GmbH (“CPP”) and KHD Humboldt Wedag GmbH (“KHD”) have settled all disputes relating to or arising out of alleged patent infringement, validity of, and/or breach of intellectual property rights in and to the ETA Cooler technology and other related matters. CPP and KHD have entered into a comprehensive settlement agreement and a non exclusive, conditional, and non-transferable license agreement for use of defined aspects of the ETA Cooler technology. All pending litigation between CPP and KHD will be withdrawn. KHD will pay to CPP a lump-sum settlement in the amount of EUR 1.5 million.
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange
KHD Humboldt Wedag International AG
51067 Cologne, Germany
Tel.: +49 (0)611 – 205855-65
Fax: +49 (0)611 – 205855-66