AlterG Inc. announced the dismissal of its federal trade secret and breach of contract lawsuit against Boost Treadmills LLC and three former employees pursuant to a confidential settlement agreement.
The action filed by AlterG in December 2018 alleged misappropriation of AlterG intellectual property and breach of employee confidentiality agreements in connection with Differential Air Pressure (DAP) treadmill technology. AlterG is the maker of DAP treadmill technology used by professional sports teams, university athletic programs and physical rehab facilities worldwide. The technology uses air to decrease a person’s body weight while increasing mobility to improve athletic recovery, physical rehabilitation and management of chronic conditions.
Charles Remsberg, CEO of AlterG, stated, “AlterG is committed to protecting its intellectual property and is pleased we were able to achieve a settlement to dismiss the lawsuit.”
Photo courtesy AlterG
