Intermec and Symbol Resolve RFID Dispute
06 September 2005 - 11:36PM
PR Newswire (US)
- Symbol joins Intermec RFID Rapid Start Licensing Program
HOLTSVILLE, N.Y., and EVERETT, Wash., Sept. 6
/PRNewswire-FirstCall/ -- Symbol Technologies, Inc. (NYSE:SBL), The
Enterprise Mobility Company(TM), and Intermec Technologies Corp.,
pioneers and leaders in automated data capture technologies, have
reached an agreement that settles their RFID (radio frequency
identification) intellectual property dispute. In addition, all
other pending and anticipated legal actions have been placed on
hold while the two companies attempt to resolve their remaining
intellectual property disputes. In June 2004, Intermec filed a
patent infringement suit against Matrics Corp., now Symbol
Technologies, related to Intermec's RFID patents. Under terms of
this agreement between the two companies, Symbol Technologies has
joined Intermec's Rapid Start RFID intellectual property licensing
program. The Rapid Start Licensing Program provides Symbol access
to a number of Intermec RFID patent portfolios, including RFID tags
and fixed and portable readers. Symbol also is providing Intermec
access to Symbol's RFID intellectual property by exercising the
cross-licensing provisions of the Rapid Start program. In addition,
Intermec will file for dismissal of its RFID lawsuit in the
Delaware district court. Both companies believe this agreement is a
fair compromise of the issues related to RFID and that subsequent
efforts to reach resolution of all legal disputes is in the best
interests of shareholders and customers and will encourage
accelerated adoption of RFID and automated data collection
technologies within the industry. About Symbol Technologies Symbol
Technologies, Inc., The Enterprise Mobility Company(TM), is a
recognized worldwide leader in enterprise mobility, delivering
products and solutions that capture, move and manage information in
real time to and from the point of business activity. Symbol
enterprise mobility solutions integrate advanced data capture
products, radio frequency identification technology, mobile
computing platforms, wireless infrastructure, mobility software and
world-class services programs under the Symbol Enterprise Mobility
Services brand. Symbol enterprise mobility products and solutions
are proven to increase workforce productivity, reduce operating
costs, drive operational efficiencies and realize competitive
advantages for the world's leading companies. More information is
available at http://www.symbol.com/ . About Intermec Intermec
Technologies Corp., a UNOVA Inc. (NYSE:UNA) company, develops,
manufactures and integrates technologies that identify, track and
manage supply chain assets. Core technologies include Intellitag(R)
RFID, mobile computing systems, bar code printers and label media.
The company's products and services are used by customers in many
industries worldwide to improve the productivity, quality and
responsiveness of business operations. For further information,
visit http://www.intermec.com/ , or call 800-347-2636. To learn
more about UNOVA, visit http://www.unova.com/ . This news release
contains forward-looking statements based on current expectations,
forecasts and assumptions that involve risks and uncertainties that
could cause actual outcomes and results to differ materially. These
risks and uncertainties include price and product competition,
dependence on new product development, reliance on major customers,
customer demand for our products and services, control of costs and
expenses, international growth, general industry and market
conditions and growth rates and general domestic and international
economic conditions including interest rate and currency exchange
rate fluctuations. For a further list and description of such risks
and uncertainties, see the reports filed by Symbol with the
Securities and Exchange Commission. Symbol disclaims any intention
or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
For Symbol Technologies: For Intermec: For media information:
Jennette Seward Patricia Hall Intermec Corporate Communications
Symbol Technologies, Inc. 425.356.1747 631.738.5636 For industry
analyst information: Shirley Schroedl Symbol Technologies, Inc.
631.738.4823 For financial information: Lori Chaitman Symbol
Technologies, Inc. 631.738.5050 DATASOURCE: Symbol Technologies,
Inc.; Intermec Technologies Corp. CONTACT: For Symbol Technologies:
For media information: Patricia Hall, +1-631-738-5636, , For
industry analyst information: Shirley Schroedl, +1-631-738-4823, ,
For financial information: Lori Chaitman, +1-631-738-5050, , all of
Symbol Technologies, Inc.; For Intermec: Jennette Seward of
Intermec Corporate Communications, +1-425-356-1747, Web site:
http://www.symbol.com/ http://www.intermec.com/
http://www.unova.com/
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