COLUMBIA, Mo., Oct. 17,
2022 /PRNewswire/ -- American Outdoor Brands,
Inc. (NASDAQ Global Select: AOUT), an industry leading provider
of products and accessories for outdoor enthusiasts, on
September 23, 2022, filed a complaint
against Good Sportsman Marketing, LLC ("GSM") alleging that GSM's
use of the LEAD SLED®, TACKDRIVER®, and DEAD SHOT® marks constitute
trademark counterfeiting and trademark infringement as well as
alleging that GSM is infringing American Outdoor Brands' patent
rights incorporated in the LEAD SLED® shooting rest through GSM's
sale of the Alpha Shooting Rest. The complaint was filed in
Delaware federal court and seeks
injunctive relief and monetary damages.
Brian Murphy, President and CEO
of American Outdoor Brands, said, "We have made substantial
investments to ensure the products we bring to market reflect our
reputation for excellence, innovation, and safety, that loyal
customers of our brands have come to know. Over the years, we have
developed proprietary designs and features embodied in our LEAD
SLED®, DEADSHOT®, and TACK DRIVER® products that help our customers
achieve their best performance and enhance their experience in the
outdoors. Protecting these features, and all of our vital
intellectual property, is imperative to our future success and our
ongoing contribution to the outdoor products marketplace. We
plan to continue monitoring the marketplace, taking steps to defend
our intellectual property where necessary, and ensuring that our
customers can remain confident that when they purchase our brands,
they are buying only authentic, American Outdoor Brands
products."
Birchwood Casey, a division of GSM, began selling a LEAD SLED
weight bag, TACKDRIVER rest bag, and a DEADSHOT shooting rest bag
without the permission or authorization of American Outdoor
Brands. American Outdoor Brands has been using the LEAD
SLED®, DEADSHOT® and TACK DRIVER® trademarks for its shooting rests
and related products for many years and registered these trademarks
with the United States Patent and Trademark Office over 14 years
ago. Birchwood Casey's "LEAD SLED", 'TACKDRIVER", and "DEADSHOT"
products are not authorized by, or affiliated with American Outdoor
Brands. The company filed the complaint alleging that GSM's use of
the LEAD SLED®, TACKDRIVER®, and DEAD SHOT® marks constitute
trademark counterfeiting and trademark infringement. American
Outdoor Brands is seeking an order requiring GSM to withdraw these
products from the market, among other relief. The complaint
additionally alleges that GSM is infringing American Outdoor
Brands' patent rights in the LEAD SLED® shooting rest through GSM's
sale of the Alpha Shooting Rest. The company is further seeking an
order requiring GSM to withdraw the Alpha Shooting Rest from the
market, among other relief.
Statement Regarding Forward-Looking Information
The
statements contained in this release that are not historical are
forward-looking statements within the meaning of the U.S. federal
securities laws and we intend that such forward-looking statements
be subject to the safe harbor created thereby. Statements that are
not historical facts, including statements about anticipated
financial outcomes and expenditures as well as other statements
about our expectations, beliefs, intentions, or strategies
regarding the future, or other characterizations of future events
or circumstances, are forward-looking statements. These statements
relate to future events and our future results and involve a number
of risks and uncertainties. Actual results, performance or
achievement could differ materially from those contained in these
forward-looking statements. The risks and uncertainties to which
forward-looking statements are subject include, without limitation,
changes in price and volume and the volatility of our common stock,
unexpected or otherwise unplanned or alternative requirements with
respect to the capital investments of the Company, changes in
general economic, business and political conditions, and other
risks detailed in the "Statement Regarding Forward-Looking
Information," "Risk Factors" and other sections of the Company's
Annual Report on Form 10-K and other filings with the Securities
and Exchange Commission. Except as required by applicable law or
regulation, we disclaim any obligation and do not intend to
publicly update or review any of our forward-looking statements,
whether as a result of new information, future events or
otherwise.
About American Outdoor Brands, Inc.
American Outdoor
Brands, Inc. (NASDAQ Global Select: AOUT) is an industry leading
provider of outdoor products and accessories, including hunting,
fishing, camping, outdoor cooking, shooting, and personal security
and defense products, for rugged outdoor enthusiasts. The
company produces innovative, top quality products under its brands
BOG®; BUBBA®; Caldwell®; Crimson Trace®; Frankford Arsenal®; Grilla
Grills®; Hooyman®; Imperial®; LaserLyte®; Lockdown®; MEAT!; Old
Timer®; Schrade®; Tipton®; Uncle Henry®; ust®; and Wheeler®. For
more information about all the brands and products from American
Outdoor Brands, Inc., visit www.aob.com.
Contact:
Liz Sharp, VP, Investor
Relations
lsharp@aob.com
(573) 303-4620
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SOURCE American Outdoor Brands, Inc.