Bart Shuldman, Chairman and CEO of TransAct, commented, “We are very pleased that the Court of Appeals ruled in TransAct’s favor, confirming our position that Avery Dennison’s claims are wholly without merit. We remain highly confident in the strengths and value of our intellectual property portfolio, which is the result of the development work of our engineering team and which forms the foundation for our innovative solutions that address specific opportunities across multiple industries. As such, TransAct is always willing to compete for market share based on the competitive strengths of our products and solutions.
“Our innovative Ithaca 9700 food safety terminal continues to lead the way in addressing the technology needs of a wide variety of restaurant and food service operators around the world and is being embraced as the preferred food safety solution. The number of potential sales opportunities for the Ithaca 9700 continues to grow, and we look forward to working closely with an increasing number of restaurant and food service operators to bring this unique solution to market.”