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ACCO BRANDS CORPORATION

(ACCO)
  Report
Delayed Nyse  -  04:00 2022-09-23 pm EDT
5.140 USD   -3.02%
09/22ACCO BRANDS : Amendment to Initial Statement of Beneficial Ownership - Form 3/A
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09/13Kensington Marks 30 Years as Industry Leader in Physical Device Security
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Acco Brands Corp : Kensington Wins Patent Infringement Lawsuit

06/12/2006 | 05:27am EDT

Kensington Computer Products Group (Kensington), a division of an ACCO Brands Corporation (NYSE:ABD) today announced that it has won a patent lawsuit against Belkin Corporation and ABA Locks Manufacturing Company (ABA), protecting Kensington's patented computer security lock technology.

A jury in Marshall, Texas agreed with Kensington that Belkin's and ABA's products infringe Kensington's patents. The jury found that Belkin and ABA willfully infringed Kensington's patents and awarded Kensington damages. The Court permanently prohibited Belkin and ABA from selling the infringing products and granted Kensington its attorney's fees and costs.

"Kensington's victory once again demonstrates the strength of our notebook lock patent portfolio," said Boris Elisman, President of Kensington Computer Products Group. "We created the security slot found on 95 percent of all laptops made today and have made substantial investments in patented locking technologies that benefit consumers. We intend to vigorously defend our intellectual property rights and protect our patented products."

About Kensington Computer Products Group (www.kensington.com)

Kensington Computer Products Group, headquartered in Redwood Shores, California, is the technology division of ACCO Brands (NYSE:ABD), a world leader in branded office products, with annual revenues of nearly $2 billion and products marketed in more than 100 countries across the globe. For more information visit the Kensington Web site at kensington.com or call toll-free 1-800-235-6708.

Kensington and Microsaver are registered trademarks of ACCO Brands. (C) 2006 ACCO Brands. All rights reserved.


© Business Wire 2006
All news about ACCO BRANDS CORPORATION
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Analyst Recommendations on ACCO BRANDS CORPORATION
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Financials (USD)
Sales 2022 2 035 M - -
Net income 2022 110 M - -
Net Debt 2022 - - -
P/E ratio 2022 4,51x
Yield 2022 6,03%
Capitalization 485 M 485 M -
Capi. / Sales 2022 0,24x
Capi. / Sales 2023 0,23x
Nbr of Employees 6 000
Free-Float 92,4%
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Technical analysis trends ACCO BRANDS CORPORATION
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Income Statement Evolution
Consensus
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Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 5,14 $
Average target price 12,75 $
Spread / Average Target 148%
EPS Revisions
Managers and Directors
Boris Y. Elisman Chairman & Chief Executive Officer
Thomas W. Tedford President & Chief Operating Officer
Deborah A. O'Connor Chief Financial Officer & Executive Vice President
Stephen J. Byers Chief Information Officer & Senior Vice President
Robert J. Keller Independent Director
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