e.DIGITAL ANNOUNCES CROSS LICENSING AND SETTLEMENT AGREEMENT WITH SAMSUNG
(SAN DIEGO, CA, – October 22, 2009) – e.Digital Corporation (OTC: EDIG), a leading innovator of dedicated portable entertainment systems and patented flash memory-related technology, announced today that it has entered into a cross licensing and settlement agreement with Samsung Electronics Co., Ltd. (Samsung). Under the terms of the confidential agreement, Samsung obtained a license and release on e.Digital’s foreign and domestic patent rights, including the Company’s Flash-R™ patent portfolio, and e.Digital obtained a license and release on certain Samsung patents. e.Digital also received a one-time licensing fee.
PACER Samsung
posted on Oct 22, 09 01:55PM
As expected.
10/22/2009 |
178 |
ORDER; granting 177 e.Digital Corporations and Defendant Samsung Electronics America, Inc.s Joint Motion for Dismissal with Prejudice. Signed by Judge David Folsom on 10/22/09. (mrm, ) (Entered: 10/22/2009) |