CAP-XX Limited, a leading company in supercapacitor and energy management systems, has provided an update on its intellectual property (IP) and appeals process. The Delaware District Court recently ruled in favor of Maxwell Technologies in a patent infringement case asserted by CAP-XX. Despite the disappointment, CAP-XX is considering all options, including appealing to the Federal Circuit Court of Appeals.
Following a review of its patent portfolio, CAP-XX has determined that the Delaware District Court judgment does not impact the integrity of its current patents and IP, nor the enforceability of its current licensing deals. The company's active patents, including US7,595,131, US7,474,879, US7,969,121, and US8,773,841, remain unaffected. Additionally, CAP-XX has two international patent applications for new binders and a new supercapacitor surface mount device.
The patents invalidated in the Delaware judgment, US 6,920,034 and US 7,382,600, had expired in December 2019. Despite the setback, CAP-XX's directors believe that the judgment will not significantly impact the company's ongoing business, which remains in line with the previous update provided in December 2023. The company is focused on maximizing sales and profitability with its current product range and strong IP portfolio.
The company's Chairman, Pat Elliott, and CEO, Lars Stegmann, are available for further information. The company's advisors and brokers can also be contacted for additional details.