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Message: J3 settlement question for Lambert and Bankerson and anyone else

J3 settlement question for Lambert and Bankerson and anyone else

posted on Aug 30, 2008 08:37AM

Back in December when the case was settled with the Js I brought up the fact that the wording on the press releases was different for the settlement press releases than it has been for any other (corrections welcome). The press release said that these companies were granted the right to use, whereas all of the prior and subsequent press releases specifically say that a license was purchased. I ask again, could this subtle difference in wording perhaps be the reason for the non disclosure agreement and possibly some sort of contingent agreement which may produce additional money when a certain event takes place? If so, then RG would be correct in saying that PTSC received all the money it was entitled to at the time of reporting...which still leaves the question in my mind.....could there be more?

The TPL Group, Patriot Scientific Corporation, Toshiba, Matsushita (Panasonic) and JVC announced today that they have entered into a business resolution of their legal disputes in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California. The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to Toshiba, Matsushita and JVC and their respective subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits



The TPL Group and Patriot Scientific Corporation announced today that they have entered into a business resolution of their legal disputes with NEC Electronics America in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California. The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to NEC Electronics Corporation and its subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits.

Alliacense today announced that Robert Bosch GmbH has purchased a Fast Logicâ„¢ Portfolio license from The TPL Group. Bosch manufactures and sells a wide range of automobile systems, consumer tools and appliances, as well as industrial and trade products and services

Laurie

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