CODY, Wyo.,Dec. 1, 2022/PRNewswire/ -- C-MOR Energy Services'™ ("C-MOR™") patented Crown Jewel® Lighting System is currently utilized on nearly 40% of U.S. land-based drilling rigs as the close of 2022 approaches. In the first quarter of 2023 C-MOR is aiming to increase the Crown Jewel® market capture of installations nationally as well as expanding further into the international market and broadening its market share of other lighting products manufactured and distributed by C-MOR into not only the energy market but other industries such as mining, construction, and industrial work sites.
The Crown Jewel® Lighting System entered the oil and gas industry in early 2018 and has seen steady and significant growth despite the challenges the COVID-19 pandemic had on the energy industry over the last three years. With nearly 600 installations worldwide, the Crown Jewel® is the premiere lighting provider for drilling sites. The Crown Jewel® Lighting System increases worksite safety on drilling rigs and other work sites and helps customers meets their ESG criteria while saving customers money by decreasing lighting costs dramatically. Of significant importance, the Crown Jewel® Lighting System mitigates the environmental impacts of traditional lighting products by reducing greenhouse gas emissions, noise, air and other pollution all of which sets it apart as an industry leader.
Adding to the success of the Crown Jewel®, C-MOR is closing out 2022 with triumphs on the legal front. OnNovember 21, 2022C-MOR reached a full and complete settlement of multiple pending lawsuits withApollo/Cleantek™. C-MOR achieved multiple wins related to its intellectual property rights in theApollo/Cleantek™ lawsuits.
The first win for C-MOR came inApril 2022when a judge in the Western District ofTexasagreed with C-MOR's interpretation of its U.S. Patent Number 10,976,016 and set C-MOR's infringement claims againstApollo/Cleantek™ on a fast track for trial in October 2022. The second win for C-MOR came when the same judge ruled all of the claims ofApollo'sU.S. Patent Number 11,111,761 are invalid, which was followed quickly byApollo'sdismissal of its infringement claims against C-MOR. C-MOR's third win came inOctober 2022when the sameTexasjudge dismissed a newly filed case relating toApollo'sU.S. Patent No. 11,391,121.
Shortly after the dismissal of this new case, C-MOR andApollo/Cleantek™ agreed to a settlement that resolved all the lawsuits. This settlement ended further protracted or future patent litigation between C-MOR andApollo/Cleantek™. The details of the settlement are confidential, but as part of the settlement, C-MOR andApollo/Cleantek™ agreed to cross-license patent portfolios, giving C-MOR unfettered use of theApollo/Cleantek™ patent portfolio while maintaining its own.
With these lawsuits now behind it, C-MOR is continuing to focus on expanding its network of customers as well as diversifying its product line and stepping into related industries. C-MOR projects strong growth and earnings in 2023.
More information about C-MOR's lighting systems is available at:http://www.cmorenergy.com/
About JCA Companies
JCA Companies with its subsidiary companies, provides a wide array of services across several industries. Its' innovative, customizable and revolutionary equipment is complemented by the exceptional services provided. We realize that every piece of equipment on a drilling rig is essential to overall operations and are fully committed to providing our clients with the very best in terms of equipment and service. JCA Companies broad range of specialty and integrated services focus on providing customers with a better level of environmentally friendly services at lower costs while improving employee safety and company efficiencies. With locations in every major oil play in the country, and several internationally, JCA Companies can meet or exceed the demands of its customers. More information is available athttp://www.jcacompanies.com/
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