Clover Technologies Group Announces Settlement With Canon

CHICAGO, Oct. 9, 2012 /PRNewswire/ -- Today, Clover Technologies Group, a leading producer of genuine remanufactured printer cartridges, has settled its disputes with Canon in the International Trade Commission and the federal district court in the Southern District of New York pertaining to certain laser printer cartridges.   The settlements will result in Clover's dismissal from both lawsuits.  The terms of the settlement are confidential.

Clover is pleased to be able to continue to offer its customers and the market its full line of remanufactured laser cartridges, including the HP and Canon models involved in the lawsuits.  Clover remains committed to producing genuine remanufactured products that respect the intellectual property rights of others.

About Clover Technologies Group

Clover Technologies Group is the global leader in providing businesses with total environmental solutions, including the recycling and remanufacturing of imaging supplies. Founded in 1996, Clover is one of the fastest growing, privately held companies in the United States. Clover is also the world's largest collector and recycler of cell phones, inkjet and laser cartridges. The complete line of Clover's quality toner and ink is available through leading office products distributors and resellers and marketed under a variety of private label brands. To learn more, visit us online at http://www.clovertech.com.

SOURCE Clover Technologies Group



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