6/1/1976 - Capture Industries (CAPT) - CORPORATE ANNOUNCEMENT
PhotoNow Corp. (PHNC) is suing Capture Industries (CAPT) for patent infringement upon PhotoNow's film and developing technology. The suit potentially calls for millions in damages to be paid by Capture; however, experts say that even if PhotoNow is able to prove this difficult patent infringement case, a judge would be hard pressed to significantly penalize Capture since it would shock natural competitive forces in the market.
About Capture Industries (CAPT):
Capture Industries is a maker of photographic film while also manufacturing cameras for professionals and amateurs. Along with general consumer photo products, Capture specializes in photo paper, processing equipment, and related products to professionals in the health care and entertainment industries.