HOUSTON, TX--(Marketwired - May 5, 2017) - DynaEnergetics, a business of DMC Global Inc. (
The counterclaim ruling relates to a 2015 suit filed by GEODynamics that alleged patent infringement and trademark violations associated with DynaEnergetics' sales of its DPEX® shaped charges in the United States. In a March 2017 trial on the patent issue, a jury found in favor of DynaEnergetics and its co-defendants, and invalidated the asserted claims of the GEODynamics patent.
"This trademark ruling brings much needed clarity to our customers and industry," said Thilo Sharf, DynaEnergetics product line manager. "We are pleased to have successfully resolved this issue and can return our focus to bringing industry-leading technologies and products to our markets."
About DynaEnergetics DynaEnergetics' innovative perforating systems make a measureable impact on well productivity, completion cost and safety. As the only global perforating manufacturer that designs, manufactures and qualifies all of its equipment and accessories in-house, DynaEnergetics ensures unmatched performance and the lowest total cost of operations. For more information, visit www.dynaenergetics.com .
