grabed from FON
****************************************************
Well the entire debate of Smart Parts and their patent was started when they filed again ICD. It seems that a final agreement has been reached. The following is a release from Smart Parts on the recent agreement. We talked to ICD and they should be sending out a seprate Press Release shortly. This will not effect or change any of the current products from ICD and will be applied to new products from them to be out soon.
Read more
FOR IMMEDIATE RELEASE
September 22, 2003
Smart Parts Website:
www.smartparts.com
Indian Creek Design Website:
www.icdpaintball.com
Indian Creek Design, Inc. and Smart Parts, Inc. Settle Patent Litigation
September 22, 2003
Smart Parts, Inc. (³Smart Parts²) and Indian Creek Design, Inc. (³ICD²)
today announced the signing of a Settlement Agreement and Consent Decree
which brought to a close their litigation over Smart Parts¹ electronic
paintball gun patents.
ICD has agreed to pay an undisclosed sum of money in settlement of the
litigation brought against it by Smart Parts in November 2002 in the United
States District Court for the District of Oregon. ICD has further agreed to
only sell electronic paintball guns constructed pursuant to a license from
Smart Parts.
A partial summary judgment ruling earlier this year found ICD to infringe
all but one of the claims of Smart Parts¹ U.S. Patent No. 6,474,326 B1
through the manufacture and sale of its electronic paintball guns, and
denied most of ICD¹s affirmative defenses and counterclaims. According to
the terms of the Consent Decree, ICD¹s remaining affirmative defenses and
counterclaims, which relate to its allegations of invalidity and
unenforceability, are also denied.
Smart Parts owns several issued patents and pending patent applications
related to the use of electronics in the control and operation of paintball
guns. These include, for instance, U.S. Patent Nos. 6,474,326 B1;
6,035,843; 5,967,133; and 5,881,707
++++++++++++++++++++++++++++++++++++++++++++++
whos next?
Manuel
****************************************************
Well the entire debate of Smart Parts and their patent was started when they filed again ICD. It seems that a final agreement has been reached. The following is a release from Smart Parts on the recent agreement. We talked to ICD and they should be sending out a seprate Press Release shortly. This will not effect or change any of the current products from ICD and will be applied to new products from them to be out soon.
Read more
FOR IMMEDIATE RELEASE
September 22, 2003
Smart Parts Website:
www.smartparts.com
Indian Creek Design Website:
www.icdpaintball.com
Indian Creek Design, Inc. and Smart Parts, Inc. Settle Patent Litigation
September 22, 2003
Smart Parts, Inc. (³Smart Parts²) and Indian Creek Design, Inc. (³ICD²)
today announced the signing of a Settlement Agreement and Consent Decree
which brought to a close their litigation over Smart Parts¹ electronic
paintball gun patents.
ICD has agreed to pay an undisclosed sum of money in settlement of the
litigation brought against it by Smart Parts in November 2002 in the United
States District Court for the District of Oregon. ICD has further agreed to
only sell electronic paintball guns constructed pursuant to a license from
Smart Parts.
A partial summary judgment ruling earlier this year found ICD to infringe
all but one of the claims of Smart Parts¹ U.S. Patent No. 6,474,326 B1
through the manufacture and sale of its electronic paintball guns, and
denied most of ICD¹s affirmative defenses and counterclaims. According to
the terms of the Consent Decree, ICD¹s remaining affirmative defenses and
counterclaims, which relate to its allegations of invalidity and
unenforceability, are also denied.
Smart Parts owns several issued patents and pending patent applications
related to the use of electronics in the control and operation of paintball
guns. These include, for instance, U.S. Patent Nos. 6,474,326 B1;
6,035,843; 5,967,133; and 5,881,707
++++++++++++++++++++++++++++++++++++++++++++++
whos next?
Manuel
