Statement from Siemens Mobility on Positive Train Control Technology Patent Infringement Lawsuit

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Friday, January 25, 2019 3:49 pm EST

Dateline:

Washington, DC

Washington, DC – “Over the years, Siemens Mobility has tried to work with Wabtec on a reasonable resolution of our intellectual property rights while keeping public safety and our customers at the forefront,” said Marc Buncher, President and CEO of Siemens Mobility in North America. “Given that several of our patents were filed as early as 2002, Siemens has long been a global innovator of Positive Train Control technology.  We’re pleased the jury recognized Wabtec’s infringement of all eight patents at issue in the lawsuit. Siemens Mobility is committed to providing the latest in rail technology, including its patented Trainguard TM products, to promote passenger safety and transportation efficiency.”

Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2018, which ended on September 30, 2018, the former Siemens Mobility Division posted revenue of €8.8 billion and had around 28,400 employees worldwide. Further information is available at: www.siemens.com/mobility.

For media inquiries contact:

Kara Evanko

Kara.Evanko@siemens.com

(202) 285-3072