The lawsuit seems to have merit, "SmarTire Sues Siemens and Schrader-Bridgeport for Patent Infringement
Thursday September 13, 9:30 am ET
Patent Infringement Lawsuit Filed in U.S. District Court in Richmond, Virginia
RICHMOND, British Columbia, Sept. 13 /PRNewswire-FirstCall/ -- SmarTire Systems Inc. (OTC Bulletin Board: SMTR - News) announced today that it has filed a complaint against Siemens VDO Automotive Corp. and Schrader-Bridgeport International, Inc. in the United States District Court for the Eastern District of Virginia alleging infringement of its United States Patent No. 5,231,872, entitled "Tire Monitoring Apparatus and Method.""
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