In Brief: Sunrise Technologies/American Dental Technologies
This article was originally published in The Gray Sheet
Executive Summary
Sunrise Technologies/American Dental Technologies: Firms jointly announce settlement of all pending lawsuits between the two firms. Under terms of the settlement, Sunrise will not require ADT to pay $940,179 awarded to Sunrise in October 1995 as the result of a 1993 breach of contract dispute between the two firms; ADT also agrees to drop its appeal in the case. In addition, both firms agree to cease patent infringement suits and countersuits related to their dental air abrasive patents ("The Gray Sheet" Nov. 21, 1994, p. 13). Sunrise will license ADT's patents in a non-exclusive basis in return for royalty payments "on air abrasive products manufactured, sold or leased by Sunrise." Both firms also acknowledge the validity and non-infringing basis of each other's air abrasive patents...