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ITT Corporation Successfully Enforces Trademark Rights

2009-08-19 12:03
  • English

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Corporation (NYSE: ITT) announced that it has received a favorable decision from the Israel Trademark Office in which oppositions to numerous ITT trademark registrations filed by Israeli company Ratfon Imports Ltd. have been summarily dismissed. This decision follows the March 2009 confirmation by the same office of eight oppositions filed by ITT, rejecting Ratfon’s applications for trademark registrations for “ITT”, and awarding legal fees to ITT. Collectively, these decisions constitute a complete legal victory in Israel for ITT in its disputes with Ratfon, which had attempted to secure ownership of Israeli trademark registrations for “ITT” as applied to certain consumer products and to cancel ITT’s existing trademark registrations in Israel. The decisions held the ITT mark to be "famous" and "well-known" in Israel and confirmed the strength of ITT’s global trademark portfolio and the worldwide recognition of the ITT name in connection with a wide variety of products and services.

"ITT is pleased with these decisions, and our actions demonstrate that we are fully committed to taking any actions necessary to protect the ITT name and brand, anywhere in the world." said Frank Jimenez, Vice President and General Counsel.

About ITT Corporation

ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2008 sales of $11.7 billion. www.itt.com

Contacts

ITT Corporation
Andy Hilton, +1-914-641-2160
Andy.hilton@itt.com