It may be termed a ‘license agreement’ but to all intents and purposes it’s a settlement – out on the PR Newswire Tuesday Dec. 21, 2010 was that both BroadSign and Titan Outdoor Holdings had settled with Minkus Electronic Display Systems, Inc.
Both announcements stated Blah! has entered into a license agreement with Minkus Electronic Display Systems for United States Patent Number 5,309,174. The license agreement resolves the dispute between the parties that was pending in the United States District Court for the District of Delaware”
Not sure whether to be shocked / annoyed / dismayed. I think it would have made / still does make more sense if everyone who was being sued stood together. Neither BroadSign or Titan were the first to break ranks and settle (Ryarc Media Systems also settled we believe and one case against JCDecaux was mysteriously dismissed as well) but either way we think it’s just plain silly – however much it costs to fight this case.