AdTech RFID sues Richard Zai, Harry Zang and Posiflex Inc, a Public Company in Taiwan

    /24-7PRESSRELEASE/ - SANTA CLARA, CA - November 14, 2006 - AdTech RFID sues Richard Zai, Harry Zang and Posiflex Inc, a public company in Taiwan, company seeks compensation for wrongdoing and unlawful acts.

On Friday, 03 Feb 2006, AdTech RFID filed suit in Santa Clara, California, against former executives Richard Zai and Harry Zang, and Posiflex Inc., a public Taiwanese company. The suit includes allegations against the defendants for breach of contract, breach of fiduciary duty, conversion, misappropriation of scientific ideas, intentional interference with contract, intentional interference with prospective economic advantage and unfair business practices.

The suit has a case number of 106CV057464

AdTech RFID seeks both compensatory and punitive damages against all defendants.

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