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News - 3.4.2006

   News - 3.4.2006   
 

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Smart Parts, WDP, and Dye Resolve Litigation, License Agreements Part of Settlemen
Paintball Gear   03.04.2006
Smart Parts, Inc., WDP, Ltd., and Dye Precision, Inc. are pleased to announce the settlement of litigation pending between the companies and the entry into patent license agreements giving WDP and Dye a worldwide, non-exclusive license to make, sell, offer for sale, and distribute products covered by Smart Parts? electronic paintball gun patents; giving Smart Parts and Dye a worldwide, non-exclusive license to make, sell, offer for sale, and distribute products covered by a WDP?s affiliate?s LCD and Data Link and other related electronic paintball marker patents; and giving Smart Parts a license under Dye?s patent related to spool valve paintball gun designs.

   
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