ITRI » Topics » Patent Litigation

This excerpt taken from the ITRI 10-K filed Feb 7, 2005.

Patent Litigation

 

On October 14, 2003, we settled all issues in a patent infringement litigation for $7.9 million. The settlement includes payment for all royalties, attorneys’ fees and other items, including the assigned ownership of the patent to us. We accrued $7.4 million in 2002 and expensed $500,000 in 2003 related to this matter.

 

We are not involved in any other material legal proceedings.

 

"Patent Litigation" elsewhere:

Waters (WAT)
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