RIM SETTLES PATENT SUIT; $612.5M PAYOUT WILL KEEP MILLIONS OF U.S. USERS CONNECTED; 'R ESEARCH IN MOTION AND NTP INC. TODAY ANNOUNCED THAT THEY HAVE SIGNED A DEFINITIVE LICENSING AND SETTLEMENT AGREEMENT. ALL TERMS OF THE AGREEMENT HAVE BEEN FINALIZED AND THE LITIGATION AGAINST RIM HAS BEEN DISMISSED BY A COURT ORDER THIS AFTERNOON. THE AGREEMENT ELIMINATES THE NEED FOR ANY FURTHER COURT PROCEEDINGS OR DECISIONS RELATING TO DAMAGES OR INJUNCTIVE RELIEF.' - RIM PRESS RELEASE, MARCH 3, 2006

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  • Author(s): MATT WALCOFF
  • Source:
    Record, The (Kitchener/Cambridge/Waterloo, ON). 03/04/2006.