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Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices -Files a notice of appeal to the Federal Circuit Court of Appeals following the Delaware District Court judgment in favour of Maxwell Technologies Inc. Says the appeal process is at a preliminary stage and there can be no certainty as to the timing of the appeal process or whether the appeal will be heard by the Federal Circuit Court of Appeals. Earlier this month, Cap-XX said it was ‘disappointed’ but ‘evaluating all options’, including taking the case to Federal Circuit Court of Appeals, after Delaware District Court in late December favoured Maxwell Technologies Inc in a patent infringement case. The company concluded, following a review of its patent portfolio, that the Delaware judgment did not affect said portfolio’s integrity, or the integrity and enforceability of current licensing deals. Patents made invalid in the Delaware judgment expired in December 2019, the company having first accused Maxwell of infringement in 2017. Current stock price: 0.95 pence, up 2.7% 12-month change: down 68% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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