KUALA LUMPUR (Dec 23): Iris Corporation Bhd said its patent infringement litigation in Germany has been amicably resolved.
In a statement dated Dec 22, Iris said it had resolved the matter with Cross Match Technologies Inc over the latter's use of document scanner devices including the relevant software development kits in Germany.
Iris Corp said the settlement included the grant of a non-exclusive licence to Cross Match under Iris' European patent to manufacture, offer, sell and distribute document scanner devices in Germany, France, the United Kingdom and the Netherlands.
Iris group chief executive officer Datuk Tan Say Jim said the company respects the intellectual property of other companies and individuals and expects others to similarly respect its intellectual property rights.
"Iris remains committed to pursuing legal enforcement against those who do not respect Iris' intellectual property.
"Iris has dedicated considerable resources to building a portfolio of Trusted Identity products and this settlement reinforces the value of our patent portfolio," he said.
Iris said that the financial details and other specific terms of the settlement agreement were confidential and will not be disclosed.
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