LAVAL, QUEBEC, September 27, 2011 - 20-20 Technologies Inc. announced today that a United States Federal Court has found RealView, along with its two founders, Leonid Perlov and Boris Zeldin, responsible for damages deriving from RealView’s illegal download of 20-20’s Design software for the expressed purpose of developing their software.
“The statement recently issued by RealView on the subject at hand is grossly misleading as they have by no means been “vindicated of all charges made by 20-20 related to the copyright infringement of its 20-20 Design software” stated Jean-François Grou, Chief Executive Officer of 20-20. He added “Quite to the contrary, RealView has specifically been found liable for having illegally downloaded intellectual property owned and developed by 20-20.”
At a trial earlier this year, a jury established 20-20’s damages deriving from RealView’s illegal download at over US$ 1.3 million. As per a recent court order, a new trial will be held to introduce further evidence establishing the actual damages suffered by 20-20 under applicable law.
Following this new trial, 20-20 will consider the relevance of an appeal in this case, as 20-20 Technologies is intent on continuing to protect its intellectual property.
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided design, business and manufacturing software tailored for the interior design and furniture industries. Dealers and retailers use our desktop and Web-based products and solutions for the home and office markets. 20-20 offers a unique end-to-end solution, integrating the entire breadth of functions in interior design. It provides a bridge for data communication from the point-of-sale to manufacturing, including computer-aided engineering and plant floor automation software. Operating in eleven countries with more than 500 employees and an extensive network of partners worldwide, 20-20 is a publicly traded company (TWT) on the Toronto Stock Exchange (TSX). For more information, visit www.2020technologies.com.