Federal Appeals Court Hears Arguments in GE Patent Dispute with Mitsubishi
Washington, D.C.—February 10, 2011—Today the U.S. Court of Appeals for the Federal Circuit heard arguments in GE’s (NYSE: GE) patent dispute against Mitsubishi Heavy Industries, Ltd. (MHI) for certain wind turbine technologies that GE alleges MHI has infringed. GE spokesman Dan Nelson released the following statement:
“Today’s hearing was about one issue—the protection of GE’s intellectual property.
“Strong intellectual property rights promote investment, foster innovation and encourage commercial deployment of technology.
"Thanks to strong intellectual property laws we are able to support more than 5,000 GE and supplier jobs in several locations across the United States. The protection of intellectual property is at the heart of job creation, innovation and the development of our clean energy future.
“Each year we invest billions to drive innovation, and encourage the commercial deployment of clean energy technology. Protecting intellectual property rights is essential to the health and growth of the clean energy industry.
"We believe in the merits of our case against MHI and we will continue to protect our intellectual property in the U.S. and around the world."