Brass Eagle Inc. Makes Announcement.Business Editors BENTONVILLE, Ark.--(BUSINESS WIRE)--Jan. 31, 2003 Brass Eagle Inc., (Nasdaq:XTRM XTRM Extreme ) the worldwide leader in the manufacturing, marketing and distribution of paintball products, and Odyssey Paintball Products LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of Garland, Texas, jointly announces the settlement of Brass Eagle's lawsuit against Odyssey, alleging violation of one of Brass Eagle's loader patents that was pending in the United States District Court for the District of South Carolina The United States District Court for the District of South Carolina is the Federal district court whose jurisdiction is the state of South Carolina. The United States Attorney's Office for the District of South Carolina . Odyssey Paintball agreed to pay Brass Eagle an undisclosed sum of money and both parties have agreed to dismiss the suit. John Flynn, Vice President and General Counsel of Brass Eagle, said, "We reserved the right to relitigate this matter if necessary, however, at the present time, we are satisfied with the results of this 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. . Brass Eagle will continue to vigorously enforce its intellectual property rights." |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion