Tuesday, December 22, 2009

Mannatech Wins Patent Suit

Source: RTT News

"Friday, health solutions provider Mannatech, Inc. (MTEX: News ) announced that it has obtained a judgment finding Green Life, LLC and Xiong Lo guilty of infringing Mannatech patents on certain products.

The favorable judgment and ban on sale of certain products of Green Life and Xiong Lo, found guilty of patent infringement, boosted Mannatech's share by about 4.93%.

Senior District Judge Joe Fish in the U.S. Northern District Court of Texas issued a final judgment that entered a broad permanent injunction against Green Life and Lo prohibiting them from "making, using, offering to sell, selling, distributing or importing defendant's product - Glyco 8 and other products similar to Glyco 8 or infringing on patents.""

RTT News : Source Link

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