Industrial Heat, LLC (IH) has made a motion for summary judgment in the action brought by Leonardo Corporation seeking almost $100 million in damages. The full document is available at: https://animpossibleinvention.files.wordpress.com/2016/06/ih-motion-to-dismiss.pdf
In summary, IH argues their agreement with Rossi, coupled with the admissions in the Complaint, demonstrates that Plaintiffs’ central contentions are incurably flawed: The License Agreement required performance by Plaintiffs within a specific time period, which Plaintiffs acknowledge did not occur within that time period, and the License Agreement permitted IH and IPH – after having paid Plaintiffs over $10 million (which Plaintiffs admit was paid) – virtually unlimited usage of information they received from Plaintiffs.
MIAMI, April 6, 2016 /PRNewswire/ — Leonardo Corporation announced today that on March 29, 2016, Leonardo Corporation received independent third party validation of the overwhelmingly positive results of a nearly yearlong test of Leonardo’s 1MW Energy Catalyzer (“E-Cat”). According to the inventor, Andrea Rossi, the E-Cat generates a low energy nuclear reaction (“LENR”) which produces excess heat energy at a cost substantially below more traditional energy sources. According to the independent third party report, over the 352 day test period, the E-Cat consistently generated energy at a rate in excess of six (6) times the amount of energy consumed by the plant, often generating energy exceeding fifty (50) times the amount of energy consumed during the same period. According to Andrea Rossi, Leonardo Corporation considers the results of the third party test to be “an overwhelming success” and that “the world is one step closer to the realization of a commercially available new, clean and efficient energy source.”
The independent third party validation test was performed by Dr. Ing. Fabio Penon, a Ph.D. in Nuclear Engineering, at the behest of Leonardo Corporation and one of its licensees, Industrial Heat, LLC. as both desired independent third party verification of the sustainability of the energy production of the E-Cat over a prolonged period. “The results of Dr. Penon’s test was consistent with the measurements taken by the representatives of Leonardo Corporation and Industrial Heat respectively during the course of the test” said inventor Andrea Rossi.
“Leonardo Corporation is working diligently with its licensees, corporate partners and material suppliers to implement a production and distribution plan consistent with the expected demand for the E-Cat units when they are made commercially available” stated Rossi.
Notwithstanding, Licensee Industrial Heat continued involvement in the development and manufacturing of the E-Cat is uncertain at this time. As stated in a lawsuit filed by The Silver Law Group, P.A. on behalf of Leonardo Corporation on April 5, 2016, Leonardo Corporation believes that Industrial Heat breached the terms of its license agreement and misappropriated Leonardo Corporation’s intellectual property relating to the E-Cat. Additional information is available regarding the E-Cat at www.ecat.com. The lawsuit can be viewed at www.pacer.gov, Case No. 16-CV-21199-JLK, U.S. District Court, Southern District of Florida. Leonardo Corporation does not anticipate that there will be any delay in the commercial release of the E-Cat technology as a result of the lawsuit.
Contact: Leonardo’s attorney John Annesser, Esq. JWA@silverlawgroup.com, 305-664-3955
SOURCE The Silver Law Group, P.A.