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Qualmark Corporation and Data Physics Corporation Litigation Settlement Announcement

03-07-2014

Qualmark Corporation, a Colorado corporation and Data Physics, a California corporation, today jointly announced the settlement of litigation between the companies, where Qualmark alleged infringement of its Ling trademarks by Data Physics and Data Physics alleged interference in certain of its contracts, including its contracts with the Government, by Qualmark. As part of the settlement Qualmark has sold its Ling and ACG Electrodynamic Shaker Business assets to Data Physics and Data Physics has agreed to perform Warranty Services and Support to Qualmark so that Qualmark can fulfill its warranty and support obligations to its customers. Qualmark also signed an agreement not to compete in the Electrodynamic Shaker business with Data Physics for one year. Qualmark Corporation, (www.qualmark.com) headquartered in Denver, Colorado is a premier manufacturer of Highly Accelerated Life Testing (HALT) and Highly Accelerated Stress Screening (HASS) systems in the world. HALT and HASS systems are used by the world’s leading manufacturers to reduce product development time, improve product reliability, and reduce total product costs throughout the product life cycle. Data Physics Corporation (www.dataphysics.com), headquartered in San Jose, California provides high performance Test and Measurement solutions for noise and vibration testing with its SignalCalc dynamic signal analyzers, SignalStar vibration controllers and Signalforce electrodynamic shakers.
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