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ARCI Ark Ai Rob Etf

397.05
0.00 (0.00%)
Last Updated: 08:02:44
Delayed by 15 minutes
Name Symbol Market Type
Ark Ai Rob Etf LSE:ARCI London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 397.05 400.70 402.55 0 08:02:44

JACO Environmental and SEG Umwelt-Service/Basis File Patent Infringement Suit Against Appliance Recycling Centers of America

24/10/2006 8:47pm

PR Newswire (US)


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SAN FRANCISCO, Oct. 24 /PRNewswire/ -- JACO Environmental, Inc. of Everett, WA (JACO) and SEG Umwelt-Service/Basis of Mettlach, Germany (SEG) filed a patent infringement lawsuit in Federal Court today against Appliance Recycling Centers of America /California (ARCA). The suit claims that ARCA has been using refrigerator recycling systems and processes invented by SEG and protected by 2 United States patents issued to SEG and exclusively licensed to JACO. These 2 patents cover services that ARCA offers to electric utility customers and has used to recycle thousands of refrigerators. JACO/SEG are seeking an undisclosed amount in damages from lost profits and have further asked the court to enjoin ARCA from continuing to use and market these services. SEG is a world leader in refrigerator recycling and has contracts in 14 European countries to recycle over 1.6 million refrigerators per year. JACO is one of the largest recyclers of household appliances in North America and recycles over 250,000 appliances annually for 25 clients in the United States and Canada. ARCA, whose core business is sales of new, discontinued and damaged appliances under the ApplianceSmart name, is publicly traded on the NASDAQ under ticker symbol ARCI. DATASOURCE: JACO Environmental, Inc.; SEG Umwelt-Service/Basis CONTACT: Will Holbert, Runyon Saltzman & Einhorn, +1-916-446-9900

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