Federal Court Order Rules in Favor of Quanta Services in Patent Infringement Case
HOUSTON, Oct. 2, 2012 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced that a federal court in Houston has entered an order finding that a product line sold by Canadian-based Liveline Solutions, Inc., infringes on United States Patent No. 5,538,207, which belongs to Quanta Services and is known commercially as the patent for the company's LineMaster™ robotic arm. Liveline Solutions previously marketed and sold the infringing products — branded as PowerArms — to customers in the United States and internationally.
"Quanta is an innovator and leader in the delivery of energized services," said Jim O'Neil, president and chief executive officer of Quanta Services. "Our LineMaster™ robotic arm is an important part of maintaining and advancing Quanta's technology leadership position in the industry and providing safe, cost-effective solutions to our customers."
The Quanta Services LineMaster™ robotic arm enables the company to service virtually any voltage line or facility in an energized state and thus not interrupting the flow of electricity to consumers. Through the use of the LineMaster™ robotic arm, Quanta's team safely, efficiently and effectively isolates energized lines from structures to perform energized reconductoring services. As the exclusive operator of the LineMaster™ robotic arm, Quanta is differentiated from its competitors.
About Quanta Energized Services
Quanta Energized Services (QES) has specialized capabilities to maintain, upgrade or rebuild virtually any voltage line or any facility without interrupting power service. Recognized as an industry leader in electrical energized services, QES utilizes it patents for the LineMaster™ robotic arm and extensive training and experience in barehand techniques and hotstick technology to maintain live lines and to provide energized reconductoring services.
About Quanta Services
Quanta Services is a leading specialized contracting services company, delivering infrastructure solutions for the electric power, natural gas and pipeline and telecommunication industries in North American and certain international markets. Quanta's comprehensive services include designing, installing, repairing and maintaining network infrastructure. Additionally, Quanta licenses point-to-point fiber optic telecommunications infrastructure in certain markets and offers related design, procurement, construction and maintenance services. With operations throughout North America and in select international markets, Quanta has the manpower, resources and expertise to complete projects that are local, regional, national or international in scope.
This press release (and any oral statements regarding the subject matter of this press release) contains forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to: the scope and perceived value of Quanta's intellectual property rights, the ability to safely conduct operating activities without service disruptions, and the impact of exclusivity of proprietary technology, as well as statements reflecting expectations, intentions, assumptions or beliefs about future events and other statements that do not relate strictly to historical or current facts. Although Quanta's management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements can be affected by inaccurate assumptions and by a variety of risks and uncertainties that are difficult to predict or beyond our control, including, among others, the obsolescence of or inability to enforce our intellectual property rights; failure to realize the anticipated value of exclusive proprietary technology; unanticipated difficulties associated with energized service work; the potential for incurrence of damages or other claims for schedule delays or performance shortfalls, including as a result of warranty claims following completion of the work; the failure of Quanta's subcontractors to perform their obligations, including warranty obligations, under their subcontracts; adverse changes in economic conditions and trends in relevant markets; the potential to incur losses with respect to energized service work; and other factors affecting the business of the Quanta generally, including risks detailed in Quanta's Annual Report on Form 10-K for the year ended December 31, 2011, Quanta's Quarterly Reports on Form 10-Q for the applicable quarters in 2012 and any other documents of Quanta filed with the Securities and Exchange Commission (SEC). Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Quanta further expressly disclaims any written or oral statements made regarding the subject matter of this press release by any third party. For a discussion of these risks, uncertainties and assumptions, investors are urged to refer to Quanta's documents filed with the SEC that are available through the company's web site at www.quantaservices.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov.
SOURCE Quanta Services, Inc.
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