Published: September 02, 2009
Star brite Granted Injunction Against ValvTect
Ocean Bio-Chem, Inc. (NASDAQ: OBCI)
subsidiary Star brite Distributing, Inc. obtained an injunction in US
Federal Court against ValvTect for false and deceptive advertising in their
ads comparing ValvTect Ethanol Gas Treatment to Star brite's Star Tron
Enzyme Fuel Treatment.
The U.S. District Court ordered a preliminary injunction against ValvTect
from further running false and misleading comparison advertising of
ValvTect Ethanol Gasoline Treatment. Furthermore, the Court stated that
granting a "preliminary injunction is an extraordinary and drastic remedy."
The Court ruled all four points of ValvTect's comparison ads are false
and/or misleading and deceived the public. ValvTect claimed test results
proved their product performed better, yet the Court found they failed to
run their tests using E10 (Ethanol fuel), even though the ads and products
are about E10 (Ethanol fuel). ValvTect claimed independent testing, yet the
Court found one of the tests was run by a ValvTect supplier and was not
independent. ValvTect inferred approvals from major OEMs including BMW,
Ford and Chrysler, yet the Court found there were no such approvals. Every
single point of the ValvTect ads has been found to be false or misleading
by the Court.
Star brite CEO Peter Dornau says, "It is clear to me that the Court
realized the ValvTect ads were blatantly false and deceptive to the
boat-owning public."
Dornau says, "The court also pointed out that ValvTect incorrectly used
ASTM and NACE tests which do not allow for the testing of E10 fuel and have
no relevance to the marine industry. We appreciate the strength and clarity
of the Court's findings against the false and misleading advertising by
ValvTect. This type of false advertising not only hurts Star brite but the
entire marine industry by confusing customers about the truth and fiction
of Ethanol fuel additives."
About Ocean Bio-Chem
Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance
and care products for boats, recreational vehicles, automobiles,
motorcycles and aircraft. Products are sold under the Star brite® name.
The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Websites:
www.starbrite.com, www.startron.com, www.oceanbiochem.com
NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the
Company") and contains forward-looking statements, which are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. The forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from the
forward-looking statements. When used in this report, the words
"anticipate," "believe," "estimate," "expect" and similar expressions as
they relate to the Company or its management, including without limitation
the Company's other subsidiaries, are intended to identify such
forward-looking statements. The Company's actual results, performance or
achievements could differ materially from the results expressed in, or
implied by these forward-looking statements. For more detailed information
the reader is referred to the Company's 10-K and other documents filed with
the United States Securities and Exchange Commission. This does not
constitute an offer to buy or sell securities by the Company or its
subsidiaries and is meant purely for informational purposes.
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