ROCHESTER, N.Y. - (Business Wire) Eastman Kodak Company (NYSE:EK) today announced that it has resolved its patent dispute with St. Clair Intellectual Property Consultants, Inc.
Effective May 14, 2008, the parties entered into a Settlement Agreement that resolves all of the litigation between them. Under the terms of the settlement, Kodak assigned its rights in the patents in dispute to St. Clair, and stipulated that St. Clair is the owner of the patents. St. Clair granted Kodak a full release and a license to the patents in dispute and committed to grant licenses to two other companies of Kodak’s choosing.
“We are pleased to have achieved a settlement that validates Kodak’s IP litigation strategy,” said Laura G. Quatela, Chief Intellectual Property Officer, and Vice President, Eastman Kodak Company. “As the inventor of the world’s first digital camera, we are proud of our innovation legacy and we are committed to ensuring that our products are available to our customers around the world.”
About Kodak
As the world's foremost imaging innovator, Kodak helps consumers, businesses, and creative professionals unleash the power of pictures and printing to enrich their lives.
To learn more, visit http://www.kodak.com, and our blogs: 1000words.kodak.com, and PluggedIn.kodak.com.
Editor’s Note: Kodak corporate news releases are now offered via RSS feeds. To subscribe, visit www.kodak.com/go/RSS and look for the RSS symbol. In addition, Kodak podcasts are viewable at www.kodak.com/go/podcasts. Our podcasts may be downloaded for viewing on iTunes, Quicktime, or other PC-based media players. Users may also subscribe to Kodak podcasts via the iTunes application if already installed on your computer. From the iTunes store, type “Kodak podcast” in the search field to view all of our podcast offerings.
2008
Media:
Kodak
David Lanzillo, +1 585-781-5481
david.lanzillo@kodak.com
