Settlement Includes Agreement by QMax to Assign 16 Patents And Patent Applications to CSI and Cease QSIM Program
CHARLOTTE, NC, September 25, 2018 – On August 29, 2018, five days prior to scheduled trial, Controls Southeast, Inc. (CSI) settled the federal lawsuit it had filed against QMax Industries (QMax), Thomas Perry, and other past CSI employees for misappropriation of CSI’s trade secrets, ownership of patents and patent applications that were based on a patent application that Mr. Perry applied for while a full-time employee of CSI, and commission of unfair or deceptive acts.
In reaching this settlement, CSI obtained substantially all the relief it had sought in the lawsuit. QMax and Mr. Perry assigned 16 patents and patent applications to CSI, without any license back to any defendant. In addition, the defendants agreed to cease all use and destroy all copies of its QSIM program which CSI contended in the lawsuit was derived/copied from CSI’s trade secret CTCirc thermal modeling program. Finally, Mr. Perry and QMax agreed to avoid the sulphur field for a period of three years and pay CSI a confidential amount.
About Controls Southeast (CSI)
Controls Southeast (CSI) is a global leader in steam heat tracing and steam jacketing technology. It provides custom-engineered thermal maintenance solutions that are used for temperature control in a wide range of critical industrial processes.
CSI is a unit of the Thermal Process Management business within the Electronic Instruments Group of AMETEK, Inc., a leading global manufacturer of electronic instruments and electromechanical devices with annualized sales of more than $4.8 billion.