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09/20/05

A federal court dismissed a patent lawsuit against Color Kinetics Inc. Thursday, deciding that the plaintiff did not own the patent in question and was only a non-exclusive licensee. The plaintiff, Super Vision International Inc. (Nasdaq: SUPVA), plans to file another suit against Boston-based Color Kinetics (Nasdaq: CLRK) rather than appeal the ruling. Orlando-based Super Vision said the decision was procedural and not based on the merits of the company's claim against Color Kinetics. Super Vision sued Boston-based Color Kinetics in March 2004 alleging that Color Kinetics infringed on a patent relating to variable color lighting. Color Kinetics develops and sells solid-state lighting systems. Super Vision claimed it had acquired the patent from High End Systems the day before filing suit against Color Kinetics. The suit was filed in the U.S. District Court for the Middle District of Florida and sought damages of $10.5 million.

Posted by GEN-ERIC at 12:18:20 am into the following categories: In The News


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