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Silverbrook / Menjet Refutes Kaiser Foundation Allegations, Will Contest Lawsuit
Statement by Silverbrook Research Pty Limited
“The George Kaiser Family Foundation (GKFF) has recently filed in a lawsuit in Tulsa, Oklahoma, against Silverbrook Research Pty Limited (Silverbrook).GKFF, an entity controlled by Oklahoma businessman Mr. George Kaiser, has made claims in the lawsuit that are entirely baseless and inaccurate, and will be defended vigorously by Silverbrook.
The lawsuit is part of a hardball commercial negotiation by GKFF over the ownership and control of the intellectual property surrounding the groundbreaking Memjet printing technology, which has been invented and patented by Silverbrook over the last decade.
Silverbrook strongly rejects GKFF’s aggressive and misjudged tactics as being inappropriate and unnecessary, especially as GKFF is the major and controlling shareholder in Memjet.
Silverbrook is an Australian-based contract research and development company with over 400 scientists and engineers. Kia Silverbrook, co-founder of Silverbrook, is one of the world’s most prolific inventors with over 4,400 patents granted in theUS.
Over the last eight years Mr Kaiser and various entities under his control have continuously funded and supported the Silverbrook’s development of Memjet – a revolutionary printing technology which can be used to replace the existing technologies used in a wide range of applications in the $300 billion worldwide printing market.
It is a mystery to Silverbrook – apart from being a negotiating tactic for control of the Memjet technology – why GKFF would make wildly inaccurate claims at this time.”
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