ANDERSON, IN --
Remy International says it has "amicably" resolved a dispute with APEKS International, Inc. of Norcross, GA, concerning certain U.S. Patents owned or licensed by Remy, which protect its proprietary automotive alternator and starter motor technology.
Under terms of the settlement, APEKS has agreed to purchase all of its new CS-130 and CS-130D type alternators and new PG-260 starters from
approved Remy supply channels. APEKS has also made a settlement payment to Remy and has acknowledged the validity and enforceability of the Remy
alternator and starter patents. In return, Remy has agreed not to sue APEKS for past infringement of Remy's alternator and starter patents.
For more information about Remy International, go to:
www.remyinc.com
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