2015 07 09 Cognex Microscan Settlement PR

2015-07-07

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FOR IMMEDIATE RELEASE:
Cognex and Microscan Announce Settlement of Litigation
NATICK, MA and RENTON, WA, July 9, 2015 -- Cognex Corporation and Microscan Systems, Inc.,
announce a settlement of all outstanding litigation between the parties. The settlement includes a patent
cross-license agreement that allows both companies to continue producing current models of their
handheld barcode readers. Cognex and Microscan compete in the market for direct part mark (DPM)
handheld barcode readers, products that are capable of reading the most challenging codes marked
directly on parts. These products utilize sophisticated lighting techniques to enable decoding, the patents
for which are addressed by the settlement announced today.
“I’m pleased that we reached an agreement so that both companies can focus on the needs of the
marketplace without the distraction of litigation,” said Robert J. Willett, President and Chief Executive
Officer, Cognex.
“Both companies have a long and proud history of innovation. This agreement allows us to continue
leveraging that innovation for the benefit of our respective customers and the market,” said Scott L.
Summerville, President of Microscan Systems, Inc.
About Cognex Corporation
Cognex Corporation designs, develops, manufactures and markets a range of products that incorporate
sophisticated machine vision technology that gives them the ability to “see.” Cognex products include
barcode readers, machine vision sensors and machine vision systems that are used in factories,
warehouses and distribution centers around the world to guide, gauge, inspect, identify and assure the
quality of items during the manufacturing and distribution process. Cognex is the world's leader in the
machine vision industry, having shipped more than 1 million vision-based products, representing over $4
billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick,
Massachusetts, USA, Cognex has regional offices and distributors located throughout the Americas,
Europe and Asia. For details visit Cognex at www.cognex.com.
About Microscan
Microscan is a global leader in technology for precision data acquisition and control solutions serving a
wide range of automation and OEM applications. Founded in 1982, Microscan has a strong history of
technology innovation that includes the invention of the first laser diode barcode scanner and the 2D
symbology, Data Matrix. Today, Microscan remains a technology leader in automatic identification and
machine vision with extensive solutions for ID tracking, traceability, and inspection ranging from basic
barcode reading to complex machine vision inspection, identification, and measurement. As an ISO
9001:2008-certified company recognized for quality leadership, Microscan is known and trusted by
customers worldwide as a provider of quality, high-precision products. Microscan is a Spectris company.
For details visit Microscan at www.microscan.com.
Cognex Contact: Microscan Contact:
Sarah Laskowski Shaina Warner
Corporate Communications Manager Marketing Specialist
Cognex Corporation Microscan Systems, Inc.
+1 (508) 650-3347 +1 (425) 203-4963
sarah.laskowski@cognex.com swarner@microscan.com
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