FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 19, 2015) – Pason Systems Inc. (TSX: PSI) has become aware of a number of patent infringement lawsuits that were recently filed by Auto-Dril, Inc. in the Western District of Texas, Waco Division, and that Pason is named as the defendant in one of these actions. These complaints all allege infringement of a patent owned by Auto-Dril, Inc., which is a small, privately-held instrumentation company based in Texas.
The five defendants in the other complaints are: National Oilwell Varco, L.P.; Omron Oilfield & Marine, Inc.; Integrated Drive Systems, LLC; Canrig Drilling Technology, Ltd.; and Helmerich & Payne, Inc.
Pason has not yet been served with the complaint and will consider its options when it has had the opportunity to fully review the complaint with outside counsel.
Pason Systems Inc.
Pason Systems Inc. is a leading global provider of specialized data management systems for drilling rigs. Our solutions, which include data acquisition, wellsite reporting, remote communications, and web-based information management, enable collaboration between the rig and the office. Pason’s common shares trade on the Toronto Stock Exchange under the symbol PSI.
For more information about Pason Systems Inc., visit the company’s website at www.pason.com or contact:
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