Contact Information: For more information, contact: Annie Gladue Jedemi Communications for ORBID Corporation 415-302-8990
ORBID Corporation and FractureCode Reach Agreement on Patent Infringement Dispute
| Source: ORBID Corporation
SAN FRANCISCO, CA and KASTRUP, DENMARK--(Marketwire - January 13, 2009) - ORBID Corporation
and FractureCode Corporation ApS today announced that they have resolved
their dispute involving the use of certain aspects of FractureCode's Track
and Trace technology.
ORBID are to withdraw their claims unreservedly against FractureCode and
FractureCode are to drop their counterclaims against ORBID.
The terms of the final settlement agreement between the parties remain
confidential.
About ORBID Corporation:
ORBID Corporation is the leading provider of fingerprint/Unique Identity
(UID) solutions for cost-effectively and securely guaranteeing the
authenticity and integrity of products. ORBID's unique 2DMI
(two-dimensional) mark can be applied overtly or covertly on almost any
surface (rough, uneven, tiny) using common production techniques, and read
with everyday technology. A growing list of companies have adopted ORBID
UID solutions for handling their anti-counterfeiting, brand protection,
diversion control, return fraud, regulatory compliance, and inventory
control needs. ORBID Corporation is a U.S.-based company headquartered in
San Francisco, California with an office in Shannon, Ireland. More
information is available at www.orbidcorp.com.