Karbon Arms Prevails over Taser in U.S. District Court for the District of Arizona
Karbon Arms, a leader in electronic immobilization technology prevailed in the U.S. District Court. In the court filing, Taser International (NASDAQ: TASR) falsely accused Karbon Arms of violating a court ordered injunction. Karbon was vindicated of the baseless allegation by Rick Smith, Taser's CEO, that Karbon is “seeking to evade the Court's injunction through subversive means.”
In the hearing to determine whether Karbon Arms is selling an infringing version of the Stinger Systems S-200 Judge James A. Teilborg ruled that the circuitry and operation of the devices are “unquestionably” different. As a result, the Court found that Taser has failed to prove that the Karbon MPID is not more than “colorably different” from the circuit in question. The injunction against Karbon is the result of the assets purchased from Stinger Systems by outbidding Taser in August 2010.
In addition to this victory, in December 2011, the U.S. Patent Office completed a re-examination of Karbon's patent number 7,778,005 and found in favor of Karbon Arms. Taser requested this re-examination in May 2011. Karbon Arms' CEO Robert Gruder stated, “These successful outcomes are proof that Karbon is prepared to defeat Taser's relentless attacks and attempts to corner the Electronic Immobilization Device market.”
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.