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Creo and Artwork Systems Settle Lawsuit: Creo Will Extend Key License

Press release from the issuing company

Jan. 8, 2002--Creo Products says that an out-of-court settlement concerning a patent dispute over software technology has been reached with Artwork Systems Group. Artwork Systems will drop a lawsuit against Creo that had sought to invalidate the patents used in Creo’s trapping software. This software reduces color alignment problems in multicolor printing. Creo will extend the license granted to Artwork in 1997 so it will cover additional trapping software now being sold by Artwork. Artwork filed suit in October after Creo threatened to sue for patent infringement if a new licensing agreement was not reached. Both parties agreed to dismiss their claims and counterclaims.