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TAS Energy Settles Patent Suit

TAS Energy Inc.
2014-09-11 01:28 3688

HOUSTON, Sept. 11, 2014  /PRNewswire/ -- TAS Energy Inc., a global technology company providing clean, modular energy solutions for the power generation industry, announced today that it has settled a patent infringement suit against San Diego Gas & Electric (SDG&E), relating to a turbine inlet air chilling system at SDG&E's Palomar Energy Center in California.   In the suit, TAS Energy alleged that the chilling system at Palomar, which SDG&E purchased from General Electric Company, infringed a number of TAS Energy patents. 

TAS Energy's CEO JT Grumski is quoted as being "very pleased to achieve this constructive settlement with GE and SDG&E. TAS is experiencing significant interest from our customers for our patented chiller/generation storage solutions. I look forward to strengthening our relations with GE to the mutual benefit of our customers." As part of the settlement, General Electric and SDG&E acquired from TAS Energy a license under the TAS patents at issue to the chilling system in use at the Palomar facility.  The other terms of the settlement were not disclosed.

CONTACT: Jessica Salinas, 1-713-877-8700, marketing@tas.com




Source: TAS Energy Inc.
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