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https://www.dnb.com/business-directory/company-profiles.systematic_power_solutions_llc.258abc94658011aacc015e61604543c6.html
Systematic Power Solutions LLC doing business as XS Power Batteries
XS Power batteries website is https://4xspower.com/
Look at featured on this first web page where it states as follows:- RECENT NEWS
XS POWER BATTERIES® ACQUIRES ULTRACAPACITOR MANUFACTURER IOXUS®
Dated April 10, 2020
Apologies, first time poster, medium term holder,
So the formally known as Prince Ioxus are trying to wriggle off the IP hook? Perhaps what'sisname whom stole the IP has palmed off his responsibility to someone else for a golden parachute?
NOTICE of Subpoena to Systematic Power Manufacturing, LLC by CAP-XX, Ltd.(Neff, Carl) on Thursday 4 March 2021
Systematic Power Manufacturing LLC is Ioxus
https://www.pacermonitor.com/case/24723590/CAPXX,_Ltd_v_Ioxus,_Inc
Ioxus website has at the bottom of each of its web pages as follows:-
©2021 Systematic Power Manufacturing, LLC | 18 Stadium Circle, Oneonta, NY 13820 • 877-751-4222 • 607-441-3500
Knoxville, TN: XS Power Batteries® announced its acquisition of all of the assets of New York-based ultracapacitor manufacturer, Ioxus.
Ioxus® will continue to manufacture the same great quality products through Systematic Power Manufacturing, LLC, a wholly owned subsidiary of Systematic Power Solutions, LLC d/b/a XS Power Batteries®.
Existing customer orders will continue to ship on schedule with no foreseeable delays in the manufacturing and delivery process.
The company will continue to push the envelope with new product development and advancements in the ultracapacitor industry.
https://ioxus.com/english/media/press-releases/xs-power-batteries-acquires-ioxus/
January 15, 2021
Oneonta, NY — Systematic Power Solutions, LLC/Ioxus has secured $1,900,000.00 in new commercial financing for expansion opportunities in Oneonta.
According to the company website, Ioxus is a technology company, and our iCAP ultracapacitors, iMOD modules, and THiNCAP products are optimized for higher power density, higher energy density, and voltage levels that provide simple solutions for our customers to incorporate our products easily.
Significant design efforts, along with the most advanced R&D in the market, have allowed Ioxus to significantly enhance products with various cell balancing techniques to solve problems for the hybrid automotive, hybrid bus, wind turbine pitch control, UPS, and industrial markets.
The IP-protected technology improvements offer markets a higher performing product that is easier to use and more cost effective to implement.
https://www.intelligence360.news/systematic-power-solutions-llc-ioxus-has-secured-1900000-00-in-commercial-capital-for-expansion-in-oneonta-new-york/
Systematic Power Solutions LLC owns Systematic Power Manufacturing LLC
NOTICE OF WITHDRAWAL OF COUNSEL
PLEASE TAKE NOTICE that the appearances of Michael K. Friedland, Lauren Keller
Katzenellenbogen, Cheryl T. Burgess, Kimberly A. Kennedy and the law firm of KNOBBE
MARTENS OLSON & BEAR LLP for Defendant are hereby withdrawn. Defendant will continue to
be represented by MORRIS, NICHOLS, ARSHT & TUNNELL LLP and COOLEY LLP.
Witty for you Techie..made me chuckle lol
If jh says it must be a positive then you know its a huge negative
Scruggs - don’t have access to full article. Could u post it? Says bloomers filed it and he has been there from the start . It would great to see Full article. Suppose there are lots of reasons to withdraw
Regardless this news must be taken as positive...
Still leaves 4 lawyers representing Maxwell
Looks promising, hope they have come to their senses and settled .....
That looks promising why else would you drop counsel.
https://www.pacermonitor.com/public/case/30067087/CAPXX,_Ltd_v_Maxwell_Technologies,_Inc