| *** Company press release from Lighting Science Group Corporation ***
NEW YORK -- Lighting Science Group Corporation, a developer and integrator of intelligent LED lighting solutions, announced that on October 7, 2008, the Superior Court of California for Sacramento County issued a preliminary injunction against Philips Solid State Lighting Solutions, Inc., Koninklijke Philips Electronics N.V. and Philips Electronics North America Corporation (collectively "Philips") preventing Philips from using or relying on certain confidential or trade secret information obtained from LSG.
In granting the motion for a preliminary injunction sought by LSG, the court found that LSG was "likely to prevail on the merits" in its action pending against Philips.
The action began in March 2008 when LSG filed a complaint in the Superior Court of California for Sacramento County alleging, among other things, that Philips had misappropriated confidential information and engaged in unfair trade practices. |
