Harris Corporation and NEC Corporation Reach Settlement on Patent Infringement Litigation
August 04 2005 - 10:16AM
PR Newswire (US)
MELBOURNE, Fla., Aug. 4 /PRNewswire-FirstCall/ -- Harris
Corporation (NYSE:HRS) announced today that it has reached a global
settlement with NEC Corporation and its subsidiaries related to
patent litigation. In conjunction with the settlement, Harris has
agreed to dismiss its patent infringement lawsuit filed in U.S.
District Court for the Eastern District of Texas, and NEC has
agreed to dismiss its patent infringement lawsuits filed in U.S.
District Court for the Northern District of California and the
Federal Court of Canada. As a result of the settlement, Harris has
granted NEC a royalty-bearing, non-exclusive license for its
telephone switching patents including patents for Private Branch
Exchanges and Key Telephone Systems. Harris developed the
technology for most of the referenced patents in its former telecom
switch business. NEC has also granted Harris a royalty-bearing,
non-exclusive license under NEC's Digital Microwave Radio patents.
In addition, NEC agreed to sell, and Harris agreed to purchase
certain of its PBX patents. Also, the parties agreed to a patent
cross license as to all other product categories. Other detailed
terms of the settlement are confidential and not discloseable. "We
are pleased to reach a favorable settlement with NEC Corporation
regarding our patent rights," said Gene Cavallucci, Harris vice
president- general counsel. "Harris is committed to protecting its
valuable patent portfolio and intellectual property, now
considerably enhanced by our purchase of PBX patents from NEC. The
addition of these patents further strengthens our position as a
cutting-edge provider of government and commercial communications
systems and services." Harris Corporation is an international
communications technology company focused on providing assured
communications(TM) products, systems and services for government
and commercial customers. The company's operating divisions serve
markets for government communications, tactical radio, broadcast,
and microwave systems. Harris provides systems and service to
customers in more than 150 countries. Additional information about
Harris Corporation is available at http://www.harris.com/ .
DATASOURCE: Harris Corporation CONTACT: Media, Tom Hausman,
+1-321-727-9131, or , or Investor Relations, Pamela Padgett,
+1-321-727-9383, or , both of Harris Web site:
http://www.harris.com/
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