- 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/

Copyright

Unova (NYSE:UNA)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024 Plus de graphiques de la Bourse Unova
Unova (NYSE:UNA)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024 Plus de graphiques de la Bourse Unova