Paxar Americas Inc. has accepted a $63.75 million settlement for its patent-infringement lawsuit against Zebra Technologies Corp. The lawsuit, filed in 2003, alleged that Zebra violated eight of Paxar's patents with more than 50 of its products. Paxar Corp., based in White Plains, manufactures identification labels and tracking systems for the retail and apparel industry worldwide. Its customers include Levi Strauss, Nike, Adidas, Wal-Mart, J.C. Penney and The Limited. Zebra, based in Vernon Hills, Ill., produces bar code printers and other specialty printing technology to businesses and governments around the world. "It was a series of their (bar code) printers that incorporated our technology," said Paxar Vice President of Investor Relations Bob Powers. Zebra did not admit liability with respect to any claim, it said yesterday in a written statement.

Posted by GEN-ERIC at 12:04:10 am into the following categories: In The News

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