I've heard mixed stories. I believe he told me that he'd been an employee of theirs and had something to do with the design of the seal-forward faucet they sell. He left, for whatever reason, and took his design and changed/improved it to what he sells as Ventmatics. He claims to hold the patent on the design and that he's won in court against Perlick.
As others have mentioned, the guy seems to know his sh_t. I really enjoyed talking with him, albeit he's a little egotistical about his product. He's just flaky about the status of the production of new faucets. I'd rather the guy say, "Honestly, it's all up in the air right now. Could be 30 days... could be six months. Just keep checking the website." Quit telling us it'll be soon until it really is, man.