MOUNTAIN VIEW, Calif., May 27 /PRNewswire/ -- Savi Technology, Inc., a leading provider of Radio Frequency Identification solutions and wholly owned subsidiary of Lockheed Martin Corporation , is pleased to announce it has reached a favorable settlement with AeroScout, Inc. The settlement resolves a lawsuit between the two companies concerning Savi's patented low-frequency Radio Frequency Identification (RFID) technology. Terms of the settlement, which was reached in the U.S. District Court for the Northern District of California, were not disclosed.
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The patents involved in the dispute included U.S. Patent Nos. 6,542,114, 6,765,484, and 6,940,392. These patents cover Savi's unique Low-Frequency Wakeup technology which provides extended battery life and improved location capabilities for active RFID devices. Savi contended in the lawsuit that AeroScout infringed these patents.
Savi Technology holds 29 patents around wireless data communications and ten companies have licensed portions of this portfolio on a Reasonable and Non-Discriminatory (RAND) basis. Savi's patents have also been incorporated into the ISO 18000-7 standard for active RFID which is mandated by the U.S. Department of Defense, allied defense forces, and growing numbers of commercial companies.
"Savi Technology invests a significant amount of its capital and resources in research and development for RFID-based innovations and has secured patents for many of these innovations," said David Stephens, CEO of Savi Technology. "It is vital that our licensees have confidence that we will stand behind our intellectual property and that we will aggressively protect our patent rights to ensure standards-based interoperability throughout the world."
As a wholly owned subsidiary of Lockheed Martin , Savi Technology is a leading provider of real-time supply chain information and technology solutions and services. These capabilities include active RFID technology and other Automatic Identification and Data Collection technology solutions that improve the visibility, management and security of supply chain assets, shipments and consignments. For more information, visit http://www.savi.com/.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
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Savi Technology - Lockheed Martin
CONTACT: Mark Nelson for Savi Technology - Lockheed Martin,
+1-650-316-4872, mnelson@savi.com
Web Site: http://www.savi.com/
