SEOUL, South Korea, Dec. 15 /PRNewswire/ -- NessCap Co. Ltd., a
privately held company recognized as a global leader in ultracapacitor
technology, product development, sales and manufacturing has filed a patent
infringement lawsuit against Maxwell Technologies, (Nasdaq: MXWL) a San
Diego, California based ultracapacitor manufacturer. The lawsuit alleges
that Maxwell's products, including the D cell product line of Boostcap(R)
ultracapacitors, infringe NessCap's patented intellectual property. NessCap
filed the lawsuit in the United States District Court for the District of
Delaware in Wilmington, Delaware. NessCap is represented in the lawsuit by
Edwards Angell Palmer & Dodge LLP.
"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. We and our legal team have conducted an extensive
review of our patent estate and we have determined that NessCap
ultracapacitors, which Maxwell accuses of infringement, are protected by
NessCap patents that predate the Maxwell patents at issue in the San Diego
lawsuit. We are convinced that we have a very strong position."
NessCap is a global leader in technology innovation and product
development of ultracapacitors. We feature the widest array of standard
commercial products in the market from 3 farads to 5000 farads with
industry recognized alternative organic electrolytes. Our NessCap products
are available in both cells and modules for the transportation, power and
consumer markets. Technical and sales information can be found at
http://www.nesscap.com.
Contact Information: NessCap Co. Ltd.
Marketing,
+82-31-289-0721
SOURCE NessCap Co. Ltd.
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Related links: http://www.nesscap.com
CONTACT: NessCap Co. Ltd., Marketing, +82-31-289-0721
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