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Rubrik: World-wide News/Products & News Vasco:
Agreement With ActivCard Agreement
Dismisses The Lawsuit Aand Grants VASCO a Worldwide License (20.12.03)
- VASCO Data Security International, Inc. (Nasdaq: VDSI), a global provider
of security products that enable e-business and e-commerce, announced that
the company has settled its lawsuit with ActivCard, S.A. relating to VASCO's
Digipass authentication products. ActivCard had asserted that VASCO infringed
two ActivCard patents, and that the design of VASCO's Digipass products
violated ActivCard's trade dress, in a federal lawsuit in Delaware. The
agreement dismisses the lawsuit, grants VASCO a worldwide license under the
patents and avoids further disputes between the parties as to the current
VASCO product line.
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"These agreements will enable us to focus on serving our customers rather than spending our energy on lengthy legal disputes. We look forward to a more positive business environment by which both parties can accelerate the development of their authentication systems," said Ken Hunt, VASCO's Chairman & CEO. (ma) VASCO Data
Security International Contact:
Jochem Binst Tel.
(0032-2) 4569810, Fax (0032-2) 4569820 E-Mail: jbinst@vasco.com Web: www.vasco.com |
