LKI’s Laser Inscription Patent Upheld

The U.S. District Court for the Southern District of New York ruled in August that Pacific Technology Corporation (PTC) of New York had infringed on Lazare Kaplan International's diamond laser inscription patent. This judgment effectively slapped a permanent injunction on PTC, halting all diamond inscription services and equipment sales that violate LKI's patent. PTC had until Oct. 1, 2001, to conform to the court's rulings, after which LKI planned to search out companies that had purchased laser equipment from PTC. William Moryto, vice president and chief financial officer for Lazare Kaplan International in New York, says the ruling should put other diamond inscription companies on notice that LKI's intellectual property rights will be protected. "We put a lot of money and effort into these machines," Moryto says. "With the whole branding emphasis today, the need for inscriptions is o
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