Jury Rules in Favor of Company That Makes Cans Turn Blue When Beverage is Cold
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Chromatic Technologies Inc. (CTI) today announced that a Colorado court jury found that four former CTI employees misappropriated company trade secrets and business information in an attempt to copy the company s proprietary technology.
CTI has spent 21 years innovating with chemistry that helps brands alert, protect and surprise their customers
CTI is the inventor of the ink that turns cans a color when the beverage is cold.
The jury found beyond a reasonable doubt that SilverFox Innovations LLC of Colorado Springs, Colorado and its partners, identified as:
misappropriated CTI s trade secrets and that their actions were attended by circumstances of fraud, malice or willful and wanton disregard of CTI s rights.
The jury verdict was handed down on June 5, 2015 in the El Paso County District Court in Colorado Springs, Colorado. A Preliminary Injunction has been issued prohibiting further misappropriation of CTI s trade secrets by the defendants.
CTI has spent 21 years innovating with chemistry that helps brands alert, protect and surprise their customers, said Lyle Small, CTI s founder and president.
We are continuing to investigate the matter. We take our intellectual property very seriously and will protect it, Small added.
CTI is the world s largest manufacturer of thermochromic materials for packaging, and exports to 52 countries. CTI has also been recently been awarded new patents for thermochromic ink for metal decoration and the company s new Ice Writer , which provides children with a unique drawing device featuring a frozen pen and an erasable mat which can be colored and reused. Details on this new product from CTI will be released in the future.
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