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Polycom and U.S. Robotics Announce Lawsuit Resolution
SAN JOSE, Calif., and SKOKIE, Ill. Jan. 14 /PRNewswire/ -- Polycom Inc and U S Robotics Inc announced today that they have resolved their differences in relation to the lawsuit pending between them in a confidential settlement, and have agreed to dismiss the lawsuit and all claims with prejudice.
About Polycom
Polycom develops, manufactures and markets audioconferencing and dataconferencing products that facilitate meetings at a distance. Polycom has established itself as a leading worldwide provider of audioconferencing equipment with products such as SoundStation, SoundStation Premier and SoundPoint. Polycom's innovative dataconferencing product, the ShowStation document conferencing projector, enables real-time exchange of data and other images over ordinary phone lines. For more information, call 800-POLYCOM or visit the Polycom home page on the World Wide Web at polycom.com. Polycom, the Polycom logo design, SoundStation and ShowStation are registered trademarks and SoundStation Premier and SoundPoint are trademarks of Polycom, Inc. in the U.S. and various countries.
About U.S. Robotics
U.S. Robotics is one of the world's leading suppliers of products and systems that provide access to information. The company designs, manufactures, markets and supports remote access servers, LAN switching equipment, desktop/mobile client products and modems, telephony products and handheld organizers. U.S. Robotics products connect computers and other equipment over analog, digital and switched cellular networks, enabling users to gain access to, manage and share data, fax and voice information. Its customers include Internet service providers, regional Bell operating companies, inter-exchange carriers and a wide range of other large and small Businesses institutions and individuals. The company's fiscal 1996 sales were $1.98 billion. SOURCE Polycom Inc. |
