

Orlando, Fla. February 27, 2003 — A nine-person jury in
the United States District Court for the Middle District Court for
the Middle District of Florida today unanimously found valid
Correct Craft’s U.S. Patent RE3, 823 for wakeboard towers,
and that Atlantic Towers of New Jersey had willfully infringed this
patent.
In late 1996, Correct Craft developed the special tower, which
has since
revolutionized the sport of wakeboarding. The U.S. Patent and
Trademark Office issued a first patent to Correct Craft for this
development in November 1999. This patent then underwent a rigorous
reissue proceeding. MasterCraft has since taken a license, as have
Princecraft and Tennessee Watercraft (Yamaha). Tower Manufacturers
who have also taken a license under Correct Craft’s wakeboard
tower patents include Air Boom of Canyon Lake, California; Metcraft
Enterprises of Sylmar, California; Proffitt’s Machining
of
Greenback, Tennessee; and Tennessee Custom Products of
Maryville, Tennessee. Other licenses are pending.
“Correct Craft is pleased with the jury’s validation
of our position,” said Correct Craft Vice President Larry
Meddock. “We have an incredible team of designers and
engineers who worked very, very hard on this project. It is great
to see that the court system recognizes intellectual property and
offers protection to those who have worked so hard to achieve
improvements to their products and the sports they
affect.”
Correct Craft, Inc.® is the oldest family-owned and operated
boat manufacturer in the world. This 78-year old Florida company, a
leader in the water sports niche, is well known for its pioneering
technology and innovative hull designs.
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