PENDLETON, Ind., March 10, 2011 /PRNewswire/ -- Remy International, Inc. responded that the allegations made yesterday by Tecnomatic, S.p.A. in its lawsuit against Remy are false and totally without merit. Remy filed a complaint against Tecnomatic in September, 2008 in Indiana District Court. Remy believes that this new lawsuit is a desperate attempt by Tecnomatic to force a settlement of this pending case as it nears trial.
Remy released the following official statement to the press this afternoon:
"Remy has been in business for over 100 years making quality rotating electric products. Remy's integrity is well known in our industry. It is unfortunate that Tecnomatic has filed a baseless lawsuit for a competitive advantage using false statements about Remy and its technology. Remy will vigorously fight these claims and pursue all remedies for Tecnomatic's abuse of the judicial process, including damages for false claims."
About Remy International, Inc.
Remy International, Inc., headquartered in Pendleton, Indiana, is a leading global manufacturer, remanufacturer and distributor of light duty starters and alternators and Delco Remy brand heavy-duty systems. Remy International also manufactures and distributes electric propulsion motors designed with leading-edge technology and backed by the security of over a billion miles of proven reliability. In business for over 100 years, today Remy International is actively collaborating with companies throughout the world to develop innovations that are transforming the vehicle industry. Recently, Remy International was recognized by the United States Department of Energy for its leadership role in the hybrid technologies space and awarded a $60 million grant under the Electric Drive Vehicle Battery and Component Manufacturing Initiative.
CONTACT: Guy Westermeyer, Westcomm, firstname.lastname@example.org, 317-517-5893
SOURCE Remy International, Inc.