New Energy Systems New Electroluminescent Systems -
[Cached Version]
Published on: 9/1/2009
Last Visited: 10/7/2009
¡°We are very grateful to Judge Houston and the court¡¯s keen insight in denying Maxwell¡¯s request for a preliminary injunction,¡± said Dr. Sunwook Kim, NessCap¡¯s founder and chairman of the Board. ¡°As I stated last October, we do not understand Maxwell¡¯s motivation in bringing these claims against us, but we will continue to defend ourselves vigorously and I believe that we will prevail.¡±
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¡°NessCap has invested significant capital, resource and effort in developing our own proprietary and patented technology and we will not allow Maxwell to infringe¡± said Dr. Sunwook Kim, NessCap¡¯s founder and chairman of the board.
Dr. Kim further observed: ¡°for whatever reason, after our merger discussions ended abruptly, Maxwell started the legal battle by filing a lawsuit against us for infringement in San Diego, which we will demonstrate has absolutely no merit.
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¡°NessCap Co., Ltd. (a Korean corporation, which is wholly owned by NessCap) was founded in the late 1990¡¯s on three core business principles: technology innovation, integrity and customer-centric initiatives,¡± said Dr. Sunwook Kim, NessCap¡¯s founder, chairman of the board and chief executive officer. ¡°These core principles have enabled us to grow our business each year while the competitive landscape continued to change and expand.