Tech

Defense of Innovation Continues as Maxeon Solar Technologies Files Unitary Patent Infringement Action Against Aiko and Partners

Maxeon has also appealed a recent preliminary ruling by a Dutch court in a patent case against Aiko.

SINGAPORE, June 19, 2024 /PRNewswire/ — Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global solar innovation and channel leader, today announced that it has filed a patent infringement lawsuit at the District Court of First Instance of the Unified Patent Court (“UPC”) Düsseldorf against Aiko Energy Germany GmbH, Solarlab Aiko Europe GmbH, Aiko Energy Netherlands BV, and several of Aiko's European partners, including Memodo, Libra, VDH, PowerDeal and Coenergia, for infringing Maxeon's patents relating to solar cell technology. The UPC is a common patent court of many Member States of the European Union.

Additionally, Maxeon has appealed a preliminary injunction decision issued in the Netherlands on May 16, 2024 in connection with an ongoing patent dispute with Aiko regarding another of the company's European patents. Maxeon continues to believe strongly in the strength, validity and enforceability of its patent portfolio and the infringement claims it has brought against Aiko Energy Netherlands BV (formerly Eironn Netherlands BV), VDH and Libra.

“As part of our rigorous defense of Maxeon's intellectual property, we announced today that we are appealing the Dutch decision regarding the enforcement of European Patent No. EP 2 297 788 B1 and filing a new lawsuit at the UPC to enforce our recently granted European Patent No. EP 3 065 184 B1,” said Mark Robinson, Deputy General Counsel at Maxeon. “In the UPC, Maxeon is seeking injunctions against Aiko and its distributors Memodo, Libra, VDH, PowerDeal and Coenergia in each member state, including the key European solar markets of Belgium, France, Germany, Italy and the Netherlands. Maxeon holds a deep patent portfolio and will continue to take aggressive action to stop infringement.”

About Maxeon Solar Technologies Maxeon Solar Technologies (NASDAQ: MAXN) is driving positive change. Headquartered in Singapore, Maxeon leverages more than 35 years of solar energy leadership and more than 1,900 patents to design innovative, sustainable solar panels and energy solutions for residential, commercial and power plant customers. Maxeon's integrated home energy management is a flexible ecosystem of products and services built around award-winning Maxeon and SunPower branded solar panels. With a network of more than 1,700 trusted partners and dealers and more than one million customers worldwide, the company is a global leader in solar power.

Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding our future plans and areas of focus, our positioning and business plans for future success, and our positioning for enforcement of our patent rights. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve significant risks and uncertainties that could cause the results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. A detailed description of these factors and other risks affecting our business is contained in documents filed by us from time to time with the Securities and Exchange Commission (the “SEC”), including our most recent report on Form 20-F (particularly under the heading “Item 3.D. Risk Factors”). Copies of these filings are available from the SEC online or under the Financial and Filings section of our Investor Relations website at https://corp.maxeon.com/financials-filings/sec-filings. All forward-looking statements in this press release are based on information currently available to the Company, and the Company undertakes no obligation to update these forward-looking statements in light of new information or future events.

SOURCE Maxeon Solar Technologies, Ltd.

Sources

1/ https://Google.com/

2/ https://www.prnewswire.com/news-releases/defense-of-innovation-continues-as-maxeon-solar-technologies-initiates-unitary-patent-infringement-lawsuit-against-aiko-and-its-partners-302176268.html

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos