SEMCO, Incorporated/Venmar CES, Inc.
April 5, 2004
SEMCO, Incorporatedand Venmar CES, Inc.have settled the patent litigation that has existed between the parties in the Court in Canada. SEMCO owns Canadian Patent No. 1,285,931 entitled High Efficiency Sensible And Latent Heat Exchange Media With Selected Transfer For A Total Energy Recovery Wheel. The parties have agreed to the entry of a judgment by the Canadian Court wherein Venmar CES acknowledges that SEMCO's patent is valid and enforceable and that for the duration of the patent Venmar CES will not make, use, sell, offer for sale, or import products that infringe SEMCO's Canadian patent rights.