Innomed Technologies Announces That Court Enters Preliminary Injunction Against ``SPIRITUS'' Nasal Interface
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Wednesday, May 28, 2003
Publication: Business Editors/Legal, Health & Medicine
May 28, 2003--Innomed Technologies, Inc. announced that on
May 20, 2003, a federal district court judge in Orlando, Florida,
issued a Preliminary Injunction enjoining Eldon Mixon and Cathy
Mixon and all persons in active concert or participation with them
who receive actual notice of the Court's Order, from the
manufacturing, making, using, marketing, distributing, offering for
sale, selling or importing the "SPIRITUS" nasal cannula interface
device, any substantially similar product, or any information
concerning that product anywhere in Florida or elsewhere in the
United States.
Innomed initially filed its lawsuit in January 2003. The lawsuit
alleges that the manufacturer of the "SPIRITUS" product
misappropriated Innomed's confidential drawings and trade secrets,
and used Innomed's proprietary information, to copy the design of
Innomed's "NASAL-AIRE" device. The lawsuit asserts that Worldwide
Medical Technologies, the manufacturer of the product and majority
owned by Cathy Mixon, is competing unfairly with Innomed and that
its copying is likely to cause confusion among consumers. Innomed's
lawsuit seeks a preliminary and permanent injunction barring the
manufacture and sale of the Worldwide Medical product, called "SPIRITUS,"
and unspecified money damages.
Because Innomed alleged that Worldwide's competition was causing
Innomed irreparable harm, Innomed asked the Court to order Worldwide
to immediately stop selling its competing product while the
litigation was pending. In its Order the Court found that Roger
Strickland, an officer and director of Worldwide (along with Cathy
Mixon), formed Worldwide for the sole purpose of improperly
competing with Innomed through a nasal interface device known as "SPIRITUS,"
and acted in concert with the Mixons in connection with their
violations of the Asset Purchase Agreement. The SPIRITUS product is
being marketed by non-party defendant, Viasys Healthcare, Inc.
Shara Hernandez, president of Innomed, hailed the Court's Order and
explained, "The Court's ruling is especially important because
consumers were being confused by Worldwide's product due to its
similar look to Innomed's product." Ms. Hernandez went on to explain
that "Innomed will vigorously enforce its intellectual property
rights and protect its NASAL-AIRE product, which was introduced into
the respiratory treatment markets by Innomed through substantial
clinical trials, investment in patient education, and other product
promotions."
A copy of the Court's Order is found on the Company's web site,
http://www.innomedinc.com or may be obtained by calling the
Company's office at 561/558-0129.
About Innomed Technologies, Inc.
Innomed Technologies, Inc., is the leading manufacturer of nasal
cannula interface devices for the treatment of obstructive sleep
apnea. The company is headquartered in Boca Raton, Florida and has
close relationships with sleep centers throughout the world.
A Private Securities Reform Act of 1995 provides a "safe harbor" for
forward-looking statements. Certain information included in this
press release (as well as information included in written statements
to be made) contain statements that are forward-looking, such as
those relating to consummation of the transaction, anticipated
future revenue of the Company's, and success of current public
offerings. Such forward-looking information involves important risks
and uncertainties that could significantly affect anticipated
results in the future and, accordingly, such results may differ
materially from those expressed in any forward looking statements.
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