Trondheim, NORWAY and Rockville, MARYLAND (February 25, 2009) --[ASDWire]-- Nacre AS ("Nacre") and Silynx Communications, Inc. ("Silynx") today jointly announced that they have entered into a confidential Settlement and License Agreement ending all legal disputes between the two companies. The settlement provides for dismissal with prejudice of all claims and counterclaims filed by the parties and without any finding or admission of liability or wrongdoing by any party and grants to Silynx a license to certain Nacre intellectual property, including the two Nacre patents-at-issue in the litigation.
About Nacre and Silynx:
Nacre, based in Trondheim, Norway, and Silynx, based in Rockville, Maryland, are world leaders in tactical hearing protection communication headsets for military and law enforcement consumers. Nacre is a subsidiary of Sperian Protection USA, located in Smithfield, Rhode Island.Nacre:
Eivind Bergsmyr, President
Gil Limonchik, CEO