CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: [email protected]
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: [email protected]
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: [email protected]
P: 030 62 91 92

AlterG, Inc. Announces Settlement of Federal Trade Secrets Lawsuit

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AlterG, Inc. announced today the dismissal of its federal trade secret and breach of contract lawsuit against Boost Treadmills LLC and three former employees, pursuant to a confidential settlement agreement. The action filed by AlterG in December 2018 alleged misappropriation of AlterG intellectual property and breach of employee confidentiality agreements in connection with Differential Air Pressure (“DAP”) treadmill technology. AlterG is the world leader and innovator of DAP treadmill technology used by leading professional sports teams, university athletic programs, and physical rehabilitation facilities worldwide. Charles Remsberg, CEO of AlterG, stated, “AlterG is committed to protecting its intellectual property and is pleased we were able to achieve a settlement to dismiss the lawsuit.”

AlterG develops gravity-defying technology to enable people to recover from injuries and regain mobility. Our patented Differential Air Pressure technology redefines what’s possible in rehabilitation and athletic training by using air to decrease a person’s bodyweight while increasing mobility to improve athletic recovery, physical rehabilitation, and management of chronic conditions.

Contact:
Charles Remsberg
Phone: +1 781 654 5002
Email: [email protected]

Source: AlterG, Inc.