TAS Energy's CEO JT Grumski is quoted as being "very pleased to achieve this constructive settlement with GE and SDG&E. TAS is experiencing significant interest from our customers for our patented chiller/generation storage solutions. I look forward to strengthening our relations with GE to the mutual benefit of our customers." As part of the settlement, General Electric and SDG&E acquired from TAS Energy a license under the TAS patents at issue to the chilling system in use at the Palomar facility. The other terms of the settlement were not disclosed.
CONTACT: Jessica Salinas, 1-713-877-8700, marketing@tas.com
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