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The agreement allows Traditions and Ardesa to use certain TCA muzzleloader rifle technology in exchange for TCA dismissing all infringement claims.

Thompson/Center Arms,
Traditions Sporting Goods
Settle Patent Infringement Dispute

(GunReports.com) -- Thompson/Center, Traditions Sporting Goods and Ardesa Firearms have reached an agreement to settle patent infringement complaints brought by Thompson/Center in the U.S. International Trade Commission (USITC) and U.S. federal court.

Under the terms of the agreement, Traditions Sporting Goods, Inc. and Ardesa S.A. dba Ardesa Firearms have agreed to a multi-year license agreement, allowing them to use certain Thompson/Center Arms Company Inc. muzzleloader rifle technology. In exchange, TCA has agreed to dismiss all infringement claims asserted in the complaints. Further details and financial terms of the settlement are not being made available.

"We are always looking for ways to protect our innovative designs and technology, which are the cornerstones of our business, and key components of what our brands stand for in the eyes of the consumer," said James Debney, President and CEO of Smith & Wesson Holding Corporation, TCA's parent company.

"Traditions and Ardesa join with TCA in looking forward to bringing the highest quality muzzleloading rifles to the market," said Tom Hall, President of Traditions. "We are pleased that the companies were able to work together in a pragmatic way to amicably resolve this litigation."

Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) is a U.S.-based, global provider of products and services for safety, security, protection, and sport.

Traditions Performance Firearms, located in Old Saybrook, Conn., imports, distributes, and sells muzzleloading firearms and accessories.

Ardesa S.A., located in Vizcaya, Spain, manufactures reproductions of flintlock and percussion rifles and pistols, 209 primed in-line ignition rifles, and a full line of accessories, that are imported by Traditions Performance Firearms.

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Reader Comments

What this means is that TCA's designs were stolen, but they can't steal the concepts BACK, and make the production machinery go away, so they're accepting 'license' fees instead. I disapprove of stealing ideas when they can be licensed anyway, so I'd likely not buy from either of those two companies.

Comment by: david b | December 8, 2011

I agree with the comments of the post above. TCA is a great company.

Comment by: fataboo | December 9, 2011

This sort of industrial espionage is nothing new to the firearms industry. Do we remember the great furor raised by Gaston Glock when Smith & Wesson first brought out their Sigma line of polymer framed pistols? The Old Master, himself, John Moses Browning suffered many patent infringements, and I'd dare say that a look as firearms history would reveal a number of other such occurrences.

Comment by: canovack | December 9, 2011