ArmorWorks Files Complaint in U.S. District Court Against Ceramic Protection Corporation
Sep 13, 2006
ArmorWorks Files Complaint in U.S. District Court Against Ceramic Protection Corporation, Ceramic Protection Corporation of America, and Certain Individuals
For Immediate Release
TEMPE, Ariz., September 13, 2006 – ArmorWorks, a leading provider of advanced armor products, today announced the filing of a Complaint on the 11th of September 2006 in the United States District Court for the District of Arizona against Ceramic Protection Corporation, Ceramic Protection Corporation of America, and certain individuals.
The Complaint alleges and seeks recovery of damages for breach of contract, breach of the implied covenant of good faith and fair dealing, breach of warranty, fraud, tortious interference with contract, tortious interference with business expectancy, misappropriation of trade secrets and violation of the Lanham Act and unfair competition. ArmorWorks alleges damages of not less than $60,000,000 dollars. ArmorWorks also alleges that it is entitled to an award of punitive damages in an amount not less than five times the actual damages. ArmorWorks has demanded a jury trial.
The Complaint contends that Ceramic Protection Corporation is a Canadian corporation with its head office in Calgary, Alberta, Canada. Its stock trades on the Toronto Stock Exchange (TSX) under the stock symbol CEP.
The Complaint asserts that Ceramic Protection Corporation of America, formerly known as ALANX Wear Solutions, Inc., is a Delaware Corporation.
About ArmorWorks
ArmorWorks, founded in 1996, provides cutting-edge armor technology and products to military and enforcement agencies worldwide. ArmorWorks designs and produces advanced armor using high-tech ceramics and proprietary composite materials to provide state-of-the-art ballistic protection. For more information, visit http://www.armorworks.com.
