Accord Networks and Ezenia! Inc. Announce Settlement.Business Editors ATLANTA--(BUSINESS WIRE)--June 19, 2000 Ezenia! Inc., Accord Networks, Inc. and Accord Networks Ltd. today announced the settlement of a lawsuit pending in the United States District Court for the District of Massachusetts The United States District Court for the District of Massachusetts is the Federal district court whose jurisdiction is the Commonwealth of Massachusetts. The first court session was held in Boston in 1789. . Under the terms of the written Settlement Agreement, Ezenia! and Accord agreed to dismiss all claims and counterclaims against each other and agreed to exchange mutual releases. As a part of the settlement, Ezenia! has entered into a covenant not to sue COVENANT NOT TO SUE. This is a covenant entered into by a party who had a cause of action at the time of making it, and by which he agrees not to sue the party liable to such action. 2. Accord for patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. of the four patents owned by Ezenia! which were the subject of the lawsuit. Ezenia! and Accord have also agreed that for a 3 year period neither will commence any patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. against the other on any other patents. Pursuant to the settlement agreement, Accord has agreed to pay Ezenia! $6,500,000. About Accord Networks Accord Networks is a leading developer, manufacturer and distributor of the Accord MGC MGC Mammalian Gene Collection MGC Media Gateway Controller MGC Middle Georgia College MGC Museums and Galleries Commission (UK government) MGC Mississippi Gaming Commission MGC Manual Gain Control , an advanced networking and switching system that enables real-time, interactive visual communications. The MGC is known for its' scaleable architecture, advanced feature set, simple to use management functions, ease of maintenance and single platform multi-network connectivity - including IP, ATM and ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. networks. The Accord MGC supports multiple media types in a single session, including real-time audio, video and data. It is also compatible with multiple endpoints, ranging from telephones, PCs and TV set-top units, to high-end videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems terminals. The Accord MGC is used today by business enterprises, service providers, medical and educational institutions and government agencies to deliver a broad range of visual communications services including business conferencing, distance learning and telemedicine. The Accord MGC is ideally suited for ISPs, ASPs and CLECs to deliver new valued-added visual communications services - such as visual e-commerce, visually enabled call centers and visual chat rooms - across broadband access See broadband and wireless broadband. networks like xDSL and cable modems. Accord also provides the ability to rapidly deploy these new visual services using the Accord Real-time Enabling Network Architecture. This architecture provides the ability to develop new visual communications applications that are compatible with IP, ATM and ISDN networks. For more information visit the Accord web site at www.accordnetworks.com. Accord is a registered trademark of Accord Networks, Inc. MGC is a trademark of Accord Networks, Inc. |
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