IP, Reports & Roadmaps | Jan 07, 2010

Cyberlux Resolves Litigation with the NIR Group, Ltd.

Cyberlux Corporation, (OTC Bulletin Board: CYBL), a leading provider of LED lighting solutions, announced today that the company has reached a resolution of its litigation with the NIR Group, Ltd. and its affiliates.
 
Mark Schmidt, Chief Executive Officer of Cyberlux, stated, “We are pleased to conclude the litigation. Cyberlux will now be able to devote its full resources to developing and marketing its state-of-the-art lighting solutions.”
  
Corey Ribotsky, Chairman of the NIR Group, stated, “Litigation is a last resort for our family of funds. We are encouraged by the progress that Mr. Schmidt and the Cyberlux team have made and we support their efforts to develop Cyberlux’s business.”
  
About Cyberlux Corporation:
Cyberlux Corporation (OTC Bulletin Board: CYBL), a leader in solid-state lighting innovation, has developed breakthrough LED lighting technology that provides the most energy efficient and cost effective portable lighting solutions available today for military and commercial uses. The Military and Homeland Security products provide tactical covert and visible lighting capability and are designed as highly mobile, battery-powered lighting systems ideal for threat detection, force and asset protection and general expeditionary lighting needs. For more information, please visit www.cyberlux.com

Add comment

You can add a comment by filling out the form below. Plain text formatting. Comments are moderated.

Question: What is 1 + 3 ?
Your answer:
FEATURED

Red XLamp LEDs Delivers Best-in-Class Horticulture Efficiency

Red XLamp LEDs Delivers Best-in-Class Horticulture Efficiency  Cree, Inc. announces the next-generation XLamp® XP-E2 Photo Red (660 nm) and Far Red (730 nm) LEDs, delivering breakthrough performance for horticulture applications. The new Red XP-E2 LEDs provide a drop-in upgrade for the previous generation that outperforms competing LEDs by up to 68 percent. ... Read more »

EDITORIAL

Well-Being, Light and Exhibition Lighting

Well-Being, Light and Exhibition Lighting Commentary from LpR 71: Well-being is the state of feeling healthy and happy, a good or satisfactory condition of existence, including the emotional and psychological sphere. In 1810, Goethe published a theory based on a human-based approach, combining visual appearance with harmony, culture, ... Read more »

EDITORIAL

High Conductive Foils Enabling Large Area Lighting

High Conductive Foils Enabling Large Area Lighting Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP as one of the leading partners for research and development for surface technologies and organic electronics and Sefar AG, a leading manufacturer of precision fabrics from monofilaments, developed a roll-to-roll ... Read more »

page_peel