ORBID Corporation and FractureCode Reach Agreement on Patent Infringement Dispute


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.

Contact Information: For more information, contact: Annie Gladue Jedemi Communications for ORBID Corporation 415-302-8990