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RIMM and NTP settled!! No injunction! (march 3rd 2006)

nextel18

Mar 3, 2006, 5:17 PM
EOM
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ErikaMarie

Mar 4, 2006, 9:33 AM
WATERLOO, ONTARIO--(CCNMatthews - March 3, 2006) - Research In Motion Limited (RIM) (TSX:RIM)(NASDAQ:RIMM) and NTP, Inc. (NTP) today announced that they have signed a definitive licensing and settlement agreement. All terms of the agreement have been finalized and the litigation against RIM has been dismissed by a court order this afternoon. The agreement eliminates the need for any further court proceedings or decisions relating to damages or injunctive relief.

RIM has paid NTP $612.5 million in full and final settlement of all claims against RIM, as well as for a perpetual, fully-paid up license going forward. This amount includes money already escrowed by RIM to date.

The licensing and settlement agreement relates to all patents own...
(continues)
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nextel18

Mar 7, 2006, 6:59 PM
already knew that.. 🙂 good job regardless
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ErikaMarie

Mar 9, 2006, 10:32 AM
I knew YOU knew that.

But you didn't provide any info for anyone else who didn't. 🙂
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nextel18

Mar 9, 2006, 11:00 AM
yea, that is true.. i forgot to add some information.. we talked about this too much, i thought people followed other forums...


😎
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