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PRESS RELEASE: Scott USA confirms validity of Specialized’s FSR patents
Whether it’s the FSR suspension or Body Geometry saddle technology, Specialized has invested millions of dollars designing products that enhance the riding experience of a wide range of people. Securing such innovations with patent protection makes it possible for Specialized to continue this kind of investment, thereby better serving riders while ensuring that Specialized dealers have a bright future filled with constantly improved, differentiated and revolutionary bikes and equipment.
Under the terms of a recently reached agreement, Scott USA admits that its existing Genius bicycle suspension design infringes on two specific FSR suspension patents. As a result, Scott USA will not import Genius bicycles into the United States, nor will Scott USA further challenge the validity of Specialized’s FSR suspension patents.
"After being forced to defend our FSR patent for more than 18 months, we can once again focus strictly on what we do best — making great bikes and equipment," says Specialized founder and president Mike Sinyard. "I wish we could have put all the money we spent defending our innovation into growing the market, but our business and the success of our dealers depend on our intellectual property."
Introduced in 1993, the world championship-winning FSR design is the leading and longest continually produced bicycle suspension system available. For 2006, the FSR design is available on bikes that enhance every off-road experience, from freeriding to cross-country racing.
About Specialized
Specialized was founded in 1974 by riders for riders. The company is celebrating the 25th anniversary of the introduction of the Stumpjumper, the first widely available mountain bike, with a 128-page, full-color book that will be available in late 2005.
