The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Yamaha Motor Corp. Reaches Settlement with Patriot Motorcycles Corp.

                
    Los Angeles, CA. (November 18, 2005) -- Yamaha Motor Corporation, 
U.S.A. and Yamaha Motor Co. Ltd. announced that they reached a 
settlement yesterday in their lawsuit against defendant Patriot 
Motorcycles Company [Pink Sheets: PMCY].  The parties have agreed to 
enter into a Consent Judgment on issues raised in the lawsuit. Yamaha 
Motor Corporation, U.S.A., et. al. v. Yamoto Motor Corporation, et. al., 
Case No. CV05-7351 RSWL (JTLx).

    On October 12, 2005, Yamaha filed suit against Yamato Motor 
Corporation and others in Los Angeles Federal Court for trademark 
infringement, trademark dilution, false designation of origin, false 
advertising, copyright infringement and unfair competition.  The case 
remains open as to co-defendant Yamoto.  Yamaha is the original 
designer, manufacturer and seller of the Raptor^(TM) line of ATVs and 
TT-R125 off-road motorcycles and sought a permanent injunction against 
Yamoto.

     Yamaha is pleased to have reached a settlement with Patriot 
Motorcycles Company in such a timely manner," said Russell Jura, General 
Counsel of Yamaha Motor Corporation, U.S.A.

    "Patriot wants to move forward," said Michel Attias, Chief Executive 
Officer of Patriot.  "We will continue to remain in the U.S. market and 
will provide our customers with affordable products for the entire 
family that are defined by our own unique qualities and features."

    Jura concluded:  "While we have settled with Patriot, our trademark 
infringement case against Yamoto Motor Corporation will continue.  
Yamaha will not tolerate Yamoto's fraudulent, deceptive imitation of its 
trademarks, copyrights and appearance of its products.  Since Yamoto has 
not yet approached us about a settlement as Patriot did, our intention 
is to litigate this case against Yamoto Motor Corporation through trial."