Fri, Jul 07, 2006
The long saga of the
Dyna-Cam engine program, which once hoped to revolutionize aviation
powerplant technology, seems to be over -- for good.
Axial Vector(TM) Engine Corporation tells ANN that on May 16,
2006, Axial Vector Engine Corporation signed a Settlement Agreement
and Mutual Release with Dennis Palmer and Patricia Wilks resolving
the litigation filed by Axial Vector Engine Corporation against
Palmer and Wilks over the purchase of the Dyna-Cam assets.
The settlement involved a confirmation by Palmer and Wilks of
the agreements of June 30, 2003 wherein Axial Vector acquired all
rights, titles, assets and interest to Dyna-Cam Engine Corporation,
including related websites and domain names.
As part of the agreement, the preliminary injunction granted to
Axial Vector on November 17, 2005 will remain in place as a
permanent injunction by Order of the Federal District Court
docketed on June 13, 2006. The injunction permanently bars Palmer
and Wilks and others acting in concert with them from:
- displaying, controlling, and/ or operation of the website www.dynacam.com
or any other domain containing the words "dyna-cam", "dynacam",
"Dyna-Cam", or "Dynacam";
- exhibiting any display, product, and advertisement bearing the
mark Dyna-Cam, "Dyna-Cam Engine", or "Dyna-Cam Engine Corporation",
and
- making, using, selling, marketing, and offering for sale
certain products using the name(s) and mark(s) containing the
words "dyna-cam", "dynacam", "Dyna-Cam", or Dynacam.
Dr. Raymond Brouzes, President and CEO of Axial Vector Engine
Corporation stated, "We are pleased to resolve this matter and
remove any cloud over our ownership of the Dyna-Cam engine and its
progeny."
More News
Very High Frequency The frequency band between 30 and 300 MHz. Portions of this band, 108 to 118 MHz, are used for certain NAVAIDs; 118 to 136 MHz are used for civil air/ground voi>[...]
Aero Linx: Aviation Suppliers Association Established February 25, 1993, the Aviation Suppliers Association (ASA), based in Washington, D.C., is a not-for-profit association, repre>[...]
Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]
From 2021 (YouTube Version): Colorado Campus Offers aVariety Of Aerospace Entertainment And Education Wings over the Rockies Exploration of Flight is the second location for the Wi>[...]
Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]