Super Vision (NASDAQ:SUPVA)
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From Jun 2019 to Jun 2024
Super Vision International, Inc. (NASDAQ:SUPVA), a world
leader in LED and fiber optics lighting systems, today announced that
the United States District Court for the District of Massachusetts
dismissed Super Vision's patent infringement complaint against Color
Kinetics Incorporated (CLRK), in which Super Vision sued Color
Kinetics for infringement of Super Vision's U.S. Patent No. 4,962,687
(the '687 Patent) previously acquired from High End Systems, Inc. of
Austin, Texas.
Based on the terms of the dismissal, the Court stated that Super
Vision could still file another infringement case against Color
Kinetics, which it intends to do.
Super Vision believes that the Court's findings of fact and
conclusions of law contain errors that would provide the basis for
successful appeal. However, instead of appealing, Super Vision intends
to review the Court's dismissal in depth and file another suit against
Color Kinetics for infringement of Super Vision's '687 Patent.
Super Vision believes that the Court's ruling was substantially
procedural in nature and will have no impact on Super Vision's ability
to prevail on the merits of its infringement claims against Color
Kinetics.
Certain of the above statements contained in this press release
are forward-looking statements that involve a number of risks and
uncertainties. Such forward-looking statements are within the meaning
of that term in Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Reference is made to Super
Vision's filings under the Securities Exchange Act for factors that
could cause actual results to differ materially. Super Vision
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise. Readers are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those indicated in the forward-looking
statements as a result of various factors. Readers are cautioned not
to place undue reliance on these forward-looking statements.