Pitney Bowes and Stamps.com Settle Patent Infringement Litigation

Law360, New York (December 23, 2003, 12:00 AM EST) -- Pitney Bowes and Stamps.com reached a settlement in a lengthy and complex battle over patent rights related to internet postage applications.

The settlement includes a five-year patent cross-licensing agreement, the two companies said. Stamps.com's patent licenses are limited to use in "non-traditional" metering applications, such as internet postage, while Pitney’s patent licenses may be used across the entire range of metering applications.

There will be no material financial payments, the companies said.

Pitney first sued the smaller Stamps.com in in the U.S. District Court for the...
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