INNOTEX PRECISION LTD RESPONDS TO CLAIMS FROM RIVALS !

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INNOTEX PRECISION LTD RESPONDS TO CLAIMS FROM RIVALS !

 user 2010-03-08 at 1:54:05 pm Views: 66
  • #23399

    http://innotex.com.hk/cntus.html
    INNOTEX PRECISION LTD RESPONDS TO CLAIMS FROM RIVALS !
    Innotex Precision Limited Response Statement
    With approximately 10 years of experience in the sales of printer consumables, Innotex Precision Limited is well-established as a global distributor and supplier of printer cartridges and other printing products.

    In February 2009, Innotex Precision Limited was forced to file suit against ITM, Inc. and Horei Image Products, Inc. in United States District Court in Georgia after ITM and Horei refused to pay undisputed fees owed to Innotex in excess of $1.7 million dollars.  In addition to the approximately $1.7 million in unpaid fees, ITM and Horei breached their agreements with Innotex when they refused to comply with the terms of the agreements and sent Innotex defective and unusable printer components.  ITM and Horei’s actions caused Innotex to suffer an additional $2.1 million in damages.  Subsequent attempts by Innotex to ameliorate the situation were thwarted by ITM and Horei when ITM and Horei refused to accept responsibility for returning the defective printer components and pay the outstanding balance.

    Rather than remedying the situation, ITM and Horei have responded by filing a variety of legal claims against Innotex. These claims are entirely without merit.  Innotex intends to dispute these claims vigorously in court and prevail on its own claims against ITM and Horei.

    DLA Piper US LLP
    Atlanta, Georgia 30309-3450