FLORHAM PARK, N.J., April 13, 2015 /PRNewswire/ -- Leonard Neuhaus, the Chief Operating Officer and Chief Financial Officer of AECOS, Ltd., announced today that on April 1, 2015, the Honorable Stephen C. Hansbury, P.J. Ch. of the Superior Court of New Jersey, Chancery Division, General Equity Part in Morris County, recognized that AECOS is "the owner of the patent" and that Charles Thornton "can't use it". Mr. Neuhaus stated "the Judge confirmed that our ownership of the patents and the technology purchased from the Thornton-Termohlen Group gives AECOS, Ltd. the exclusive ownership and rights to enjoy the benefits of the patents and the TopDown™ technology."
AECOS continues to transform the construction industry through our unique, patented TopDown™ Construction System which allows for the construction of mid and high rise buildings in 50% less time, at 20% less cost with no columns and with all work performed at or near ground level.
"Speaking on behalf of our ownership and the entire AECOS organization, we appreciate the Judge's recognition that AECOS is the sole true owner of the patents related to the TopDown™ system, means and methods and technology," said Brian Howells, President and CEO of AECOS, Ltd. "We have seen a tremendous amount of traction in the last few weeks for our game-changing systems. AECOS will continue to move forward revolutionizing the mid and high rise construction markets globally through our patented technology and in the area of high density automated parking."
About AECOS, Ltd.:
AECOS brings a transformational approach to the construction of the urban built environment.
The AECOS TopDown™ Construction System is the disruptive innovation in the construction industry, enabling rapid realization of human habitats - from design to occupancy - creating living and working spaces in half the time and lower cost. AECOS TopDown™ eliminates inefficiencies in the building of mid-to-high rise structures with the unique combination of our patented construction technologies, our specialized means and methods, our application of lean manufacturing principles and data driven decision making. AECOS emulates manufacturing industries where the key drivers are EFFICIENCY, TIME TO VALUE and COST EFFECTIVENESS.
The AECOS High Density Automated Parking System solves the perennial parking problem plaguing most urban environments around the world and many high rise developments which have been significantly compromised due to their inability to meet the challenge of providing adequate parking.
SOURCE AECOS, Ltd.