SpongeTech® Delivery Systems, Inc. Announces Trademark Infringement Lawsuit Against Spongetech, Inc.
Press Release
Source: SpongeTech® Delivery Systems, Inc.
On Monday October 5, 2009, 9:30 am EDT
Companies: SpongeTech Delivery Systems, Inc.
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. (the "Company") "The Smarter Sponge™", (OTCBB: SPNGE - News), today announced that the Company has filed a trademark infringement lawsuit against Spongetech, Inc. ("STI") in the United States District Court for the Southern District of New York. The complaint alleges California-based company, STI knowingly and willfully appropriated the Company's trademark "SpongeTech®" and solicited business specifically in New York under the Company's trademark. In addition, the lawsuit alleges that STI's CEO made statements to the New York Post that defamed the Company, as a result, injuring the Company's reputation and exposing the Company to public hatred, contempt, ridicule, and/or degradation.
The Company is seeking permanent injunction barring STI from using the Company's trademark, including such items as labels, signs, packaging, advertising and promotional material with the use of "SpongeTech®". The Company is also seeking any profits derived from STI's use of the Company's trademark as well as award damages to the Company for injury to its reputation caused by STI's defamatory statements.
CEO Michael Metter states, "While we have made numerous attempts to settle this amicably with STI in the past, recent actions by STI have resulted us to seek legal actions. We feel it is important to ensure that our customers and potential customers are not confused by STI abusing our legally protected trademark and to restore our reputation to the public."
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