EOS AND TRUMPF ANNOUNCE PATENT LICENSE AGREEMENT WITH MTT TECHNOLOGIES
Krailling, April 15, 2009 - EOS GmbH Electro Optical Systems and TRUMPF Werkzeugmaschinen GmbH + Co. KG announce that they have signed an agreement with MTT Technologies Ltd. in Stone, UK, and MTT Technologies GmbH in Germany.
Under the agreement, both MTT companies receive a non exclusive license for certain EOS and TRUMPF patent rights regarding the laser-sintering process. The new contract replaces the previous agreement between EOS, TRUMPF, MCP Tooling Technology Ltd. (now MTT Technologies Ltd) and MCP-HEK Tooling GmbH (now MTT Technologies GmbH), which now includes the license for the USA and Canada. Under the new agreement EOS has also withdrawn the lawsuit against MTT which was pending at the United States District Court of South Carolina. The parties have agreed not to disclose the level of license fees to be paid by MTT.
About EOS (
EOS was founded in 1989 and is the worldwide market leader in the field of laser-sintering. Laser-sintering is the key technology for e-Manufacturing. Components can be produced fast, flexibly and cost-effectively, directly from electronic data. The method accelerates product development and modernizes production processes. EOS completed the 2007/2008 business year with a turnover in laser-sintering of 70M euro, which is an increase of 17 percent on the previous year. The company currently employs more than 280 employees worldwide - 230 of these at its headquarters in Krailling near Munich.
About Trumpf (
With sales totalling € 2.14 billion for the 2007/08 fiscal year and about 8,000 employees, the TRUMPF Group ranks among the leading manufacturing companies worldwide. The three following business divisions are combined under the umbrella of a holding company: Machine Tools/Power Tools, Laser Technology/Electronics and Medical Technology. Its core business are machine tools for flexible sheet metal processing for punching and forming, laser processing and bending. In the field of industrial lasers and laser systems, the company is the technological leader on the world market. With about 50 subsidiaries and branch offices, the Group is represented in almost every European country, in North and South America as well as in Asia. Production locations can be found in Germany, Austria, China, Czech Republic, France, Great Britain, Japan, Mexico, Poland, Switzerland and the USA.
About MTT Group (
Over a period of 50 years the MTT–Group of companies (former MCP-Group) has grown to be a leading innovator with a worldwide reputation for supplying, installing and training in processes for the production of prototypes in many diversified materials. The Selective Laser Melting (SLM™) process has been successfully supplied by MCP into various market segments such as medical implants, dental applications and industrial applications for the last 6 years.
Press contact for further information / photos:
EOS GmbH Electro Optical Systems
Tel: +49 89 893 36-134
Fax: +49 89 893 36-288
+1 401 272 1510