SOURCE: Ergotron

Ergotron

June 08, 2016 16:30 ET

Ergotron, Inc. Announces Settlement Agreement With Humanscale

Humanscale Enters Into Patent License Agreement With Ergotron Relating to Humanscales QuickStand™ Product Line

ST. PAUL, MN--(Marketwired - Jun 8, 2016) - Ergotron, Inc., a Nortek Company (NASDAQ: NTK) and global leader in the sit-stand workplace revolution, announced today that it has reached a settlement agreement with the Humanscale Corporation, ending a lawsuit filed by Ergotron in February 2016 in the District of Minnesota. Under the terms of the settlement, Humanscale has entered into a patent license agreement with Ergotron relating to Humanscale's QuickStand™ product line.

About Ergotron
Ergotron, Inc. is a global manufacturer of leading digital display mounting, furniture, and mobility products that have been improving the human interface with digital displays for over 35 years. This history of innovation and passion for differentiation is evidenced in over 192 patents and a growing portfolio of award winning brands -- OmniMount®, LearnFit®, StyleView®, TeachWell®, WorkFit®, Anthro, Neo-Flex® and ErgotronHome™ -- for computer monitors, notebooks, tablets, flat panel displays and TVs. Ergotron's products incorporate patented CF™ lift and pivot motion technology to achieve less effort and more ergonomic motion for a healthier and more interactive user experience when viewing any digital display. Whether to enhance computing wellness or entertainment excitement improve workplace productivity or create business process efficiencies, Ergotron's products are positioning your digital world. Ergotron is headquartered in Saint Paul, Minnesota, with sales efforts in Phoenix, Amersfoort, London, Tokyo, and Singapore. Ergotron is a subsidiary of Nortek, Inc. (NASDAQ: NTK), a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. Please visit www.nortek.com for more information.

About Nortek
Nortek, Inc. (NTK) is a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. Please visit www.nortekinc.com for more information.

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