The permanent restraining Arbitration Award was granted on December 4, 2009. Leatt Corporation alleged that the Defendants were selling a neck brace (through a California company, Innovative Safety Technology LLC) that is based on and violates Leatt Corporation’s intellectual property rights, that neck brace is sold under the name “DefNder”.
Dr. Chris Leatt, CEO of the Company said; “We believe in protecting our Intellectual Property and confidential information vigorously. We are thrilled with the outcome of the Arbitration Award and look forward to receiving a final Court Order.” Mr. Grant Leigh Nelson is an engineer that joined Leatt Corporation after it had developed of the Leatt-Brace® Moto GPX and Mr. Karl Peter Ebel was Head of Marketing at Leatt Corporation.
About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company’s operations and research and development of the core products currently take place at Leatt Corporation’s offices in Cape Town, South Africa.
Safe Harbor Statement:
Any “forward-looking statements” herein are governed by and protected by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and do not necessarily indicate future performance or prospects of the Company or its subsidiaries.