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Agreement Reached

TUALATIN, Ore. - ClimateCraft Inc. and Huntair Inc. have settled the pending litigation and entered into an agreement under which ClimateCraft will license Huntair’s existing patents related to Fanwall®. ClimateCraft’s fan array products allow for fans to be turned off for safety, repair, and maintenance purposes. ClimateCraft’s fan array products are not designed to turn individual fans on and off for the purpose of improving fan array efficiency, and ClimateCraft does not endorse turning individual fans on and off for the purpose of improving fan array efficiency. Any statement to the contrary is not supported by ClimateCraft. All other terms are confidential.

For more information, visit www.fanwalltechnology.com.

Publication date: 02/23/2009
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