QPSX, Network Technologies Settle Phone Patent Suit

Law360, New York (September 11, 2008, 12:00 AM EDT) -- Telecommunications company Network Equipment Technologies Inc. has settled a lawsuit by Australian patent-holding company QPSX Developments 5 Pty Ltd., which accused it of stealing digital technology invented by three Australian scientists more than a decade ago.

QPSX asked the U.S. District Court for the Eastern District of Texas to dismiss the case with prejudice in a motion filed Wednesday. The parties will bear their own costs, according to the motion.

The terms of the settlement were not disclosed. Attorneys for QPSX and Network Equipment could not...
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