Companies Settle Dispute

In California, Optovue Inc. of Fremont and Carl Zeiss Meditec Inc. of Dublin have signed a settlement agreement resolving two pending US District Court patent infringement cases. Specific terms of the settlement were not disclosed. Under the agreement, the two companies dismissed all currently pending litigation and entered into a cross-license agreement of certain issued and soon-to-be-issued patents owned or controlled by each party. Optovue is a privately held ophthalmic device company. Carl Zeiss Meditec is a medical technology supplier.