Business
Ioxus intellectual property judgement
Ioxus intellectual property judgement.
About this update from Cap-xx Limited
[{"type":"text","content":"\n \n \n RNS Number : 5477V\n CAP-XX Limited\n 07 August 2020\n \n \n \n \n \n \n \n \n \n \n 7 August 2020\n \n \n \n \n \n \n \n \n CAP-XX Limited\n \n \n (\"CAP-XX\" or the \"Company\")\n \n \n \n \n \n Ioxus intellectual property judgement\n \n \n \n \n \n CAP-XX Limited, \n a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, announces that the Delaware District Court has made a \n judgment in favour of CAP-XX against Ioxus, Inc (\"Ioxus\"). \n \n \n The Court found that Ioxus is liable for infringing the patents-in-suit and awarded CAP-XX compensatory damages of $1,237,717 and enhanced damages of $3,713,152 and also awarded CAP-XX its attorney's fees. \n \n \n CAP-XX intends to vigorously pursue the recovery of these awards, though it is unclear at this time whether this will be successful. \n \n \n For further information contact:\n \n \n \n \n \n CAP-XX Limited\n \n \n Anthony Kongats (Chief Executive Officer) +61 (0) 2 9428 0139\n \n \n \n \n \n Kreab (Financial PR)\n \n \n Robert Speed +44 (0) 20 7074 1800\n \n \n \n \n \n Allenby Capital (Nominated Adviser and Broker)\n \n \n David Hart / Alex Brearley +44\n (0) 20 3328 5656\n \n \n \n \n \n \n \n \n More information is available at \n \n www.cap-xx.com\n \n \n \n \n \n \n Notes to Editors:\n \n \n \n \n \n CAP-XX (LSE: CPX) is a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high power density and high energy storag...