Polartec LCC and Pontetorto Spa are pleased to announce that they have amicably settled pending litigation over certain intellectual property rights.
Polartec originally filed suit last July against Pontetorto in German court seeking redress over alleged patent infringement.
“As a brand built on delivering innovative textiles solutions, Polartec must vigorously defend our intellectual property. While we entered into this action against Pontetorto as adversaries, we have discovered more common ground than differences, and put it behind us with excitement about the future. I look forward to partnering with Enrico and Luigi Banci to bring the best of both companies to our customers”, says Gary Smith, Polartec CEO.
Enrico Banci, Pontetorto CEO, added: “We are pleased to announce this historic agreement. The pending litigation has identified common ground and an opportunity for collaboration with Polartec and an amicable settlement has been reached. We’ve always respected and admired the reputation and positioning of Polartec as a high technology company. We feel honored and proud to have been chosen as a partner for strategic development and are confident that this cooperation will result in improved products and service, while advancing the limits of future textile research. A special thanks goes to Polartec CEO Gary Smith for his confidence and personal involvement that has demonstrated future trust and vision”.
About Polartec: Polartec, LLC is the premium provider of innovative textile solutions. Since inventing modern synthetic fleece in 1981, the engineers at Polartec continue to push the limits of fabric technology. Today, Polartec supplies the world with the most advanced fabric innovations. Polartec products range from advanced lightweight wicking fabric, to insulation and weather protection textiles and are utilized by leading apparel brands, the U.S. military and other global militaries, flame resistance, work wear, and contract upholstery markets. For more info, visit polartec.com.
About Pontetorto: Evolving from the traditional wool fleece/velour products that have characterized the mill’s long textile history since 1952, Pontetorto began production of polyester fleece in 1985. Over the years, the number of products has increased through the use of increasingly advanced yarns and above all, the development of unique finishing processes that have made the Pontetorto “Tecnopile” brand famous. Today, this brand represents the highest quality standard and offers a broad range of products, from the most advanced light fabrics for functional underwear, many fleeces in many different weights, with and without stretch, bonded, multilayers, softshell with wind stop, waterproof and breathable membranes designed to offer full protection, even in extreme weather conditions. Pontetorto works closely with the major active sport and outdoor brands in the world to develop advanced technology fabrics. Pontetorto follows a special and unique approach that uses technology to create a human and body-friendly clothing experience, even creating a specific division for work wear. Our advanced performance fabrics provide a sense of comfort and aesthetics that can be appreciated only by wearing them.
INFO: Polartec
