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Cobra Files Motion to Dismiss Escort Suit(November 23, 2011)
CHICAGO, IL -- (Marketwire) -- 11/23/11 -- Cobra Electronics Corporation (NASDAQ: COBR), a leading designer and marketer of award-winning radar detection systems and mobile electronics, announced that it has filed a motion to dismiss the recent lawsuit asserted by ESCORT, Inc.
ESCORT filed a complaint in the Southern District of Ohio alleging that the patent-pending Cobra iRadar radar/laser system infringes two ESCORT patents and that Cobra breached a previous agreement between the two parties. Cobra categorically denies Escort's allegations, which provide little detail, and asserts that the entire suit is groundless. "The law is clear about the specificity required if you are going to make a claim of patent infringement," says Sally Washlow, Cobra Senior Vice President of Sales and Marketing. "ESCORT's complaint doesn't meet the necessary standard and we look forward to the dismissal of Escort's suit."
Cobra's research and development team continues to focus on the next wave of detection technology and to develop the industry leading products that customers have come to expect from Cobra. Cobra is also preparing for the 2012 Consumer Electronics Show to be held in January, where it will be recognized with innovation awards in several product categories, including detection.
"We remain committed to delivering the kind of quality and innovation that have made us the leading radar/laser detection company," Washlow continues. "Our research and development team has worked hard to develop cutting-edge products that give our customers the features and the quality they're looking for. We are proud of everything about the Cobra iRadar system, from the design of the detector to the interface of the smartphone app to the ease-of-use for our customers."
The Cobra iRadar unit retails for $129.95, and the accompanying smartphone app is free to download from the Apple App Store and the Android Market. More information about the Cobra line of products, including the cutting-edge Cobra iRadar system, is available at www.cobra.com.
About Cobra Electronics:
Cobra Electronics is a leading global designer and marketer of communication and navigation products, with a track record of delivering innovative and award-winning products. Building upon its leadership position in the GMRS/FRS two-way radio, radar detector and Citizens Band radio industries, Cobra identified new growth opportunities and has aggressively expanded into the marine market and has expanded its European operations. The Consumer Electronics Association, Forbes and Deloitte & Touche have all recognized Cobra for the company's innovation and industry leadership. To learn more about Cobra Electronics, please visit the Cobra site at www.cobra.com. Follow Cobra on Twitter at www.twitter.com/CobraElectronic and Like Us at www.facebook.com/CobraElectronics.
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