*NEW*XEROX & SHARP SETTLE OVER PATENTS

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*NEW*XEROX & SHARP SETTLE OVER PATENTS

 user 2007-08-01 at 12:45:00 pm Views: 72
  • #18510

    Xerox Settles Suit With Sharp Over Printer Patents
    AUG
    07 — Xerox Corp., the world’s largest maker of high-speed color
    printers, settled a lawsuit with Sharp Corp. over nine patents covering
    office-machine technology.Terms of the accord weren’t disclosed. The
    Xerox patents cover areas such as scanning documents, chargers for
    print cartridges, pre-programmed dialing for fax machines and a
    document-handling system. Yesterday, both companies filed court papers
    seeking to throw out the case.The companies ended the dispute through
    mediation a little more than a year after the complaint was filed in
    federal court in Marshall, Texas, according to court papers.Xerox,
    based in Stamford, Connecticut, had asked the court to order Sharp to
    stop selling infringing products and to pay Xerox for past
    violations.Xerox spokesman Mike Moeller declined to immediately
    comment. Kathleen Carr, a lawyer for Osaka, Japan-based Sharp, didn’t
    immediately return a call seeking comment.Shares of Xerox, which
    reported sales of $15.9 billion last year, fell 36 cents to $17.46 at
    4:03 p.m. in New York Stock Exchange composite trading. They have risen
    5.1 percent this year.The case is Xerox Corp. v. Sharp Corp.,
    06cv00187, U.S. District Court for the Eastern District of Texas
    (Marshall). To review the disputed patents through the U.S. Patent and
    Trademark Office’s Web site, search for patent numbers 6,236,470;
    5,890,035; 5,638,429; 5,430,536; 5,339,139; 5,265,859; 5,081,494;
    4,691,317; 4,627,710.