ImageWare settles patent litigation with WCC, CITI
ImageWare Systems has settled its patent litigation with WCC Services US and Creative Technology Inc, though the terms of this settlement remain confidential.
As a result of the settlement, WCC and CITI have obtained a royalty bearing license to IWSY’s patents at issue in the suit, which cover multi-modal biometric platforms and fusion of biometric modalities.
“We are pleased to reach an agreement that brings the pending litigation with WCC and CITI to a close,” Jim Miller, chairman and CEO of ImageWare Systems said. “We believe this settlement underscores the value of Imageware’s patent portfolio and leadership in the field of multi- modal biometrics.”
Reported previously, ImageWare recently announced a partnership with Global Payout for its GoCloudID SaaS platform.
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RT @BiometricUpdate: $IWSY settles patent litigation with WCC, CITI http://t.co/ncOL7q8zyg @IWSINC #biometrics