Saturday, May 1, 2010

Motorola and Opticon Settle on Cross Licensing Agreement

SCHAUMBURG, Ill. � Motorola, Inc.(NYSE: MOT) and OPTO Electronics Co. Ltd. of Japan (�Opticon�) announced a cross license agreement settling all outstanding intellectual property disputes between the two companies and their subsidiaries, including Motorola�s subsidiary, Symbol Technologies, Inc., and Opticon�s subsidiaries, Opticon, Inc. in the U.S. and Opticon Sensors Europe BV. Under the cross license agreement, Opticon has taken a royalty bearing license to Motorola�s patents in the fields of laser based barcode scanning, imaging based barcode scanning and mobile computing. The specific terms of the settlement are confidential.

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