No, I do not know, but shall make inquiries. Does anyone else know?
Maxnet Holdings Inc. Files Trademark Infringement Suit Against Maxnet Inc. -- NASDAQ:MXNT -- in U.S. District Court
BusinessWire, Thursday, July 30, 1998 at 09:19
DANIA BEACH, Fla.--(BUSINESS WIRE)--July 30, 1998--The Florida-based Maxnet Holdings Inc. filed a Federal Trademark Infringement lawsuit today against the Pennsylvania-based Maxnet, Inc. (NASDAQ:MXNT). Maxnet Holdings alleges that Maxnet Inc. has infringed upon the company's federally registered service mark, violated the Federal Anti-dilution Act of 1995, and is engaging in unfair competition. Maxnet Holdings, Inc. operates Maxnet Communication Systems Inc., which was recently acquired by H.I.G. Capital Management and is now doing business as Maxnet Systems, Inc. Maxnet Holdings holds the U.S. service mark MAXNET, Registration No. 2,098,687. Maxnet Communication Systems began using the service mark MAXNET, as early as July 1, 1990. The company filed an application for the MAXNET service mark with the U.S. Patent and Trademark Office on September 11, 1995, and received its registration certificate on September 23, 1997. The complaint filed today in the US District Court for the Eastern District of Pennsylvania, asserts that Maxnet Inc. "committed acts of palming off and deceiving the public into believing that they were purchasing goods and services at or from Plaintiff's organization when in fact it was the Defendant that was providing the goods and services." "The company Maxnet Inc. (MXNT) is using our trademark without our permission and we are seeking an injunction and damages. Since the names are identical and our businesses are similar, one would reasonably draw the conclusion that the companies are one in the same," states Tom Dresser, CEO Maxnet Systems. "This is causing a great deal of confusion because Maxnet Inc. is selling stock and purchasers of this stock are using our web site as a reference on the company," he adds. The Florida-based company, Maxnet Systems first learned of Maxnet Inc. in July 1997 via a press release announcing that Concord International Group had changed its name to Maxnet Inc., and subsequently changed its symbol to MXNT. Maxnet Systems has repeatedly requested that the Pennsylvania company change its name. Maxnet Systems, Inc. is a network engineering company that designs, integrates, monitors and manages complex campus and wide area networks (WANs). Headquartered in Dania, Florida, the company. augments clients' internal network support capabilities through its network control center and backbone network support expertise. Maxnet Systems has a nationwide client base. For more information on Maxnet's services visit www.maxnet.com.
CONTACT: Lisa Shaheen, 305/476-0916 or Sharon Cappella, 954/926-8006 KEYWORD: FLORIDA PENNSYLVANIA INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET
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Companies or Securities discussed in this article: Symbol Name NASDAQ:MXNT ?????????????????????????
Why is NASDAQ always included in the releases? This company is an OTC issue. Maxnet Inc |