ANDERSON, Ind., July 7 /PRNewswire/ -- Remy International, Inc.,
announced that it has amicably resolved a dispute with APEKS International,
Inc. of Norcross, Georgia concerning certain U.S. Patents owned or licensed
by Remy which protect its proprietary automotive alternator and starter
motor technology.
Under terms of the settlement, APEKS has agreed to purchase all of its
new CS-130 and CS-130D type alternators and new PG-260 starters from
approved Remy supply channels. APEKS has also made a settlement payment to
Remy and has acknowledged the validity and enforceability of the Remy
alternator and starter patents. In return, Remy has agreed not to sue APEKS
for past infringement of Remy's alternator and starter patents. This
settlement reflects Remy aggressively protecting its proprietary technology
from unauthorized uses.
Remy International, Inc., headquartered in Anderson, Indiana, is a
leading manufacturer, remanufacturer and distributor of Delco Remy brand
heavy duty systems and Remy brand starters and alternators, diesel engines
and hybrid power technology. The company also provides a worldwide
components core- exchange service for automobiles, light trucks, medium and
heavy-duty trucks and other heavy-duty, off-road and industrial
applications.
Remy was formed in 1994 as a partial divestiture by General Motors
Corporation of the former Delco Remy Division which traces its roots to
Remy Electric, founded in 1896. Additional information is available at the
company's website: http://www.remyinc.com
SOURCE Remy International, Inc.
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Related links:
http://www.remyinc.com
http://www.prnewswire.com/comp/111635.html/
CONTACT:
Leah Campbell of Remy International, Inc.,
+1-765-778-6848
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