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HONEYWELL AND MINOLTA ANNOUNCE AGREEMENT IN PRINCIPLE TO SETTLE LITIGATION

 HONEYWELL AND MINOLTA ANNOUNCE
 AGREEMENT IN PRINCIPLE TO SETTLE LITIGATION
 NEWARK, N.J., March 3 /PRNewswire/ -- Honeywell Inc. and Minolta announced today an agreement in principle to settle their litigation involving Honeywell's patents for automatic focus camera technology. Under the agreement, Minolta will pay $127.5 million to settle the litigation and for a license under the patents-in-suit for the remaining terms of those patents.
 -0- 3/3/92
 /CONTACT: Kevin Whalen of Honeywell, 612-431-5662 (March 3), or 612-870-2701 (March 4)/ CO: Honeywell Inc.; Minolta ST: New Jersey, Minnesota IN: HOU SU:


PS -- NY100 -- 4752 03/03/92 21:47 EST
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Publication:PR Newswire
Date:Mar 3, 1992
Words:101
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