Nano-Proprietary Announces Settlement Agreement
Published on June 21, 2008 at 10:00 AM
Nano-Proprietary,
Inc. announced that it entered into a settlement agreement on June 18, 2008
in connection with its litigation in the U.S. District Court for the Northern
District of Illinois.
The confidential settlement terms resolve all claims asserted in the lawsuit
between Nano-Proprietary and Till Keesmann. In conjunction with the settlement,
the parties also amended their existing license agreement to provide and clarify
the framework for future sublicensing opportunities.