Open Labs – Another victim to the economic downfall?

This is one of those posts we rather wouldn’t have to write, but sadly we got some information that another gear company went into bankrupcy. According to the Austin, TX news paper the Statesman, on august 4 2010, all assets of Open Labs, Inc. consisting primarily of the patents, trademarks, copyrights, and other IP associated with the most Open Labs products will be sold at a public foreclosure sale.

Below is the Legal Notice Advertisement as printed and published on the Statesman website (publish date July 25th 2010):

NOTICE OF PUBLIC SALE OPEN LABS, INC. MUSIC PRODUCTION EQUIP. Notice is hereby given that substantially all of the assets of Open Labs, Inc. will be sold at a public foreclosure sale to be held at 9:00 a.m. on Wednesday, August 4, 2010, at the offices of Open Labs, Inc., located at 3701 Drosset Drive, Suite 150, Austin, Texas 78744. The assets of Open Labs, Inc. consist primarily of the patents, trademarks, copyrights, and other IP associated with the following Open Labs products: NeKo XXL 61-Key Music Production Stations, NeKo QX6 61-Key Music Production Stations, MiKo LXD 37-key Music Production Stations, MiKo QC6 37- key Music Production Stations, DBeat Mobile Music Production Stations, SoundSlate Rack Units, SoundSlate FW Rack Units, Open RiFF 2.0 Software, MimiK Software, and other Open Labs products. The assets to be sold also include furniture and equipment, office supplies, artwork, and musical collectibles. For more info, contact Greg Young, Okin Adams & Kilmer LLP, 7004 Bee Cave, Bldg 1,Ste 110, Austin, TX, 78746, 512-681-3732.

Again, as mentioned before this is a post we wished we didn’t have to write, … but we do. We tried to check this information but the signs aren’t very good plus we have contacted the people in charge and we hope to give their respons to this news as soon as possible.

 

 

 

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