Super Vision Announces Intention to Re-File Infringement Case against Color Kinetics
September 15 2005 - 2:36PM
Business Wire
Super Vision International, Inc. (NASDAQ:SUPVA), a world leader in
LED and fiber optics lighting systems, today announced that the
United States District Court for the District of Massachusetts
dismissed Super Vision's patent infringement complaint against
Color Kinetics Incorporated (CLRK), in which Super Vision sued
Color Kinetics for infringement of Super Vision's U.S. Patent No.
4,962,687 (the '687 Patent) previously acquired from High End
Systems, Inc. of Austin, Texas. Based on the terms of the
dismissal, the Court stated that Super Vision could still file
another infringement case against Color Kinetics, which it intends
to do. Super Vision believes that the Court's findings of fact and
conclusions of law contain errors that would provide the basis for
successful appeal. However, instead of appealing, Super Vision
intends to review the Court's dismissal in depth and file another
suit against Color Kinetics for infringement of Super Vision's '687
Patent. Super Vision believes that the Court's ruling was
substantially procedural in nature and will have no impact on Super
Vision's ability to prevail on the merits of its infringement
claims against Color Kinetics. Certain of the above statements
contained in this press release are forward-looking statements that
involve a number of risks and uncertainties. Such forward-looking
statements are within the meaning of that term in Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Reference is made to Super Vision's filings
under the Securities Exchange Act for factors that could cause
actual results to differ materially. Super Vision undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise. Readers are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those indicated in the forward-looking statements
as a result of various factors. Readers are cautioned not to place
undue reliance on these forward-looking statements.
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