Flow International Protects Core Technology Through Patent License Agreement - MarketWatch

Flow International Corporation FLOW -0.02%, the world's leading developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, announced a patent license agreement with KMT Waterjet Systems Inc. Under terms of the agreement, by March 9, 2012, KMT will stop selling certain of its ultra-high pressure waterjet pumps that currently compete with Flow's patented, industry-leading 94,000 psi rated...