ITT Exelis Reaches Patent Settlement Pacts with Verizon, QUALCOMM, LG, Kyocera

ITT Exelis

has reached settlement agreements with four companies regarding patent infringement claims related to Exelis assisted Global Positioning System (GPS) technology. The settlement agreements resolve all issues regarding the company's claim that the mobile devices, components and networks sold or supported by Verizon, Qualcomm, LG and Kyocera, incorporating assisted GPS technology, infringed on Exelis patent rights. Specific details of each of the settlement agreements will remain confidential. "Exelis is a global leader and innovator in GPS, communications, and numerous other technologies,” said Thomas M. Blasey, Deputy General Counsel and Chief Intellectual Property Counsel for Exelis. “These latest settlements, as well as our prior settlements with other major providers of wireless communication devices and network service, demonstrate that Exelis is fully committed to protecting its intellectual property portfolio.”