Wednesday, August 3, 2005

NEC and Harris Settle Patent Infringement Claims

NEC reached a settlement with Harris in its lawsuit regarding infringement of its Digital Microwave Radio ("DMR") patent. Harris has agreed to take a royalty-bearing, non-exclusive license under NEC's Digital Microwave Radio ("DMR") patents. NEC has dismissed all other claims. The patent infringement lawsuits were filed in September 2004. Financial terms were not disclosed.

In addition with the settlement, Harris agreed to purchase from NEC, and NEC agreed to sell to Harris, certain PBX patents possessed by NEC. Also, the parties agreed to a patent cross license as to all other product categories.

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