Business
Star Navigation Announces Continuation of Patent Infringement Litigation by Aeromechanical Services Ltd. ("AMS")
TORONTO, April 7 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA) ("Star" or the "Company"...
About this update from Star Navigation Systems Group Ltd.
[{"type":"text","content":"\n\n\n\nTORONTO, April 7 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA)\n("Star" or the "Company"), a leading edge technology company focused on\nproviding Aerospace Solutions, both hardware and software platforms to assist\naviation operators worldwide, announces that Aeromechanical Services Ltd.\n(TSX-V: AMS) has filed a Motion for Sanctions (the "Motion") against Star in\nthe U.S. District Court for the Northern District of California, claiming\n$750,000 USD. Star had previously dismissed a complaint against AMS for\ninfringement of Star's U.S. Pat. No. 7,113,852. (See Press Release March 17,\n2009). In the Motion, AMS claims that Star's actions in prosecuting its claim\nwere unreasonable.\n\n\nStar believes the AMS Motion to be without merit and will vigorously\ndefend the action. As well, Star continues to assert its right to refile the\npatent infringement complaint at such time as AMS's sales improve, and AMS is\non notice of Star's continued allegation of AMS's continued infringement of\nits patent.\n\n\nCertain statements contained in this News Release constitute\nforward-looking statements. When used in this document, the words "may",\n"would", "could", "will" and similar expressions, as they relate to Star or\nits management are intended to identify forward-looking statements. Such\nstatements reflect Star's current views with respect to future events and are\nsubject to certain risks, uncertainties and assumptions. Many factors could\ncause Star's actual performance or achievements to vary from those described\nherein. Should one or more of these factors or uncertainties materialize, or\nshould assumptions underlying forward-looking statements prove incorrect,\nactual results may vary materially from those described herein as intended,\nplanned, anticipated, believed, estimated or expected. Star does not assume\nany obligation to update these forward-looking statements.\n\n\nThis press release is available on the company's official on-line\ninvestor relations site for investor commentary, feedback and questions.\nInvestors are asked to visit http://www.agoracom.com/ir/StarNavigation and\nview the Star Navigation IR HUB. Alternatively, investors are asked to e-mail\nall questions and correspondence to [email protected]\n\n\nNeither TSX Ventu...