Maxwell Technologies and NessCap Sign Memorandum of Understanding Outlining Framework for Settling Patent Disputes

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Drool, Britannia? Is the UK Failing the Cloud?

By Roger Strukhoff

Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.

Jan. 8, 2012 11:38 AM EST

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Maxwell Technologies and NessCap Sign Memorandum of Understanding Outlining Framework for Settling Patent Disputes

By: PR Newswire

May. 5, 2008 12:00 PM

SAN DIEGO and SEOUL, South Korea, May 5 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc. and NessCap Co., Ltd. announced today that the companies have agreed to a framework for settling the patent disputes relating to their respective ultracapacitor products and have signed a Memorandum of Understanding including a provision to immediately halt all ongoing patent infringement litigation between the companies. Proposed settlement terms will remain confidential pending final agreement and execution of definitive agreements.

About NessCap - NessCap is a global leader in technology innovation and product development of ultracapacitors. NessCap features the widest array of standard commercial products in the market from 3 farads to 5,000 farads with industry recognized alternative organic electrolytes. 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/.

About Maxwell - Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Its BOOSTCAP(R) ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation, and telecommunications. Its CONDIS(R) high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution, and measurement of high-voltage electrical energy. Its radiation-mitigated microelectronic products include power modules, memory modules, and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. For more information, please visit http://www.maxwell.com/.

Maxwell Technologies, Inc.

CONTACT: Michael Sund of Maxwell Technologies, Inc., +1-858-503-3233,
msund@maxwell.com; or Robert Tressler of NessCap Co., Ltd., +1-949-573-0475,
rtressler@nesscap.com

Web site: http://www.maxwell.com/
http://www.nesscap.com/

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.