Lincoln Electric Sues Distributors for Patent and Trademark Infringement

January 9, 2009

CLEVELAND, Jan. 9 /PRNewswire-FirstCall/ — The Lincoln Electric Co. and
Lincoln Global, Inc., two subsidiaries of Lincoln Electric Holdings, Inc.
(Nasdaq: LECO), have filed a lawsuit against Lisco, Inc., a Los Angeles-based
company doing business as Rhino Welders and Phoenix Welding Supply Co., for
patent, trademark, copyright and trade dress infringement and unfair
competition. The lawsuit was filed today in the United States District Court
for the Central District of California.

Rhino Welders recently imported and started selling a family of Chinese-
manufactured MIG welders through its distributor, Phoenix Welding Supply. The
machines are blatant copies of Lincoln’s highly successful POWER MIG(R) line
of welders and infringe a wide array of Lincoln’s intellectual property

In commenting on the legal action taken by Lincoln, George Blankenship,
President and Chief Executive Officer of Lincoln Global, said, “Lincoln
invests significant financial resources in the development of its
world-leading technology, including the intellectual property rights to
protect that technology. Our Company takes its intellectual property rights
very seriously and is committed to pursuing whatever action necessary against
any domestic or international entity, to protect those rights.”

In the complaint, Lincoln charges Rhino Welders and Phoenix Welding Supply
with infringing Lincoln’s patents, Lincoln’s federally-registered trademarks,
Lincoln’s copyrighted materials, and Lincoln’s distinctive POWER MIG(R) trade
dress, as well as engaging in unfair business practices. The Company is
seeking an injunction against Rhino Welders and Phoenix Welding Supply, and
compensation for damages that have occurred as a result of their past and
on-going infringement.

Lincoln Electric and Lincoln Global are wholly owned subsidiaries of
Lincoln Electric Holdings Inc. Lincoln Electric is the world leader in the
design, development and manufacture of arc welding products, robotic
arc-welding systems, plasma and oxyfuel cutting equipment and has a leading
global position in the brazing and soldering alloys market. Headquartered in
Cleveland, Ohio, Lincoln has 38 manufacturing locations, including operations,
manufacturing alliances and joint ventures in 20 countries and a worldwide
network of distributors and sales offices covering more than 160 countries.
For more information about Lincoln Electric, its products and services, visit
the Company’s Web site at http://www.lincolnelectric.com.

The Company’s expectations and beliefs concerning the future contained in
this news release are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements reflect
management’s current expectations and involve a number of risks and
uncertainties. Actual results may differ materially from such statements due
to a variety of factors that could adversely affect the Company’s operating
results. The factors include, but are not limited to: general economic and
market conditions; the effectiveness of operating initiatives; currency
exchange and interest rates; adverse outcome of pending or potential
litigation; possible acquisitions; market risks and price fluctuations related
to the purchase of commodities and energy; global regulatory complexity; and
the possible effects of international terrorism and hostilities on the Company
or its customers, suppliers and the economy in general. For additional
discussion, see “Item 1A. Risk Factors” in the Company’s Annual Report on Form

SOURCE Lincoln Electric Holdings, Inc.

Source: newswire

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