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Non-Tech : Iomega Thread without Iomega

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To: sheila rothstein who wrote (194)6/29/1998 8:37:00 AM
From: Ben Antanaitis  Read Replies (3) of 10072
 
SR,

The whole story:
www1.newsalert.com

Some significant excerpts:
In the settlement, Nomai agreed that Iomega patents, trademarks, copyrights and trade secrets are valid and enforceable and that it had reproduced certain Iomega protected software in reverse engineering work for use in the manufacture of its XHD and DUO cartridges without authorization from Iomega. As such, Nomai has agreed not to license, manufacture or market anywhere in the world its XHD or UO cartridges without authorization from Iomega, or any other products that may infringe Iomega's intellectual property at issue in the litigation.

and

As the settlement discussions progressed," continued Sierk, "we learned that Nomai had a strong research and development team and certain technology under development, including a low-cost 2GB removable cartridge drive, a CD-RW drive and DVD technology, that could provide synergies to both companies."

Will this help IOM? I think so!

Ben A.
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