We are very appreciative and thankful that our customers and employees have supported us during these months of litigation.
Middleton, WI (PRWEB) June 23, 2016
WTS Paradigm and EdgeAQ, d/b/a Edgenet, have agreed to settle and dismiss their respective claims pending in the U.S. District Court in Madison, Wisconsin (WTS Paradigm, LLC v. EdgeAQ, LLC et. al., Case No. 3:15-cv-00330-wmc). WTS Paradigm was represented in the case by Quarles & Brady, LLP. The litigation related to allegations by WTS Paradigm seeking a declaratory judgment from the Court that it had not infringed certain EdgeAQ configuration-related patents and had not misappropriated any of EdgeAQ’s trade secrets. EdgeAQ had previously made these allegations in a case it filed in the U.S. District Court in Nashville, Tennessee, which was previously dismissed for lack of jurisdiction (EdgeAQ, LLC, v. WTS Paradigm, LLC, Case No. 3:14-cv-2264). Neither party admitted any liability and the parties agreed that the terms of the settlement need not be kept confidential.
Under the terms of the settlement agreement, WTS Paradigm will not pay any compensation to EdgeAQ and WTS Paradigm will not seek sanctions and attorneys’ fees against EdgeAQ. WTS Paradigm agreed to conduct a search of its records and, if it finds any confidential EdgeAQ information, it has agreed to delete it.
In addition, in the settlement agreement, EdgeAQ provided to WTS Paradigm, its customers, and end users a Covenant Not to Sue for infringement of any of EdgeAQ’s configurator-related patents (U.S. Patent Nos. 7,461,049; 6,180,401; 7,860,690; 7,805,461; 7,219,100; 7,869,981; and 8,280,700), as well as a GDSN-related patent (U.S. Patent number 8,582,802). Likewise, with some exceptions, in the settlement agreement, EdgeAQ has provided WTS Paradigm, its customers, and end users a full release of any and all claims that EdgeAQ could have brought in the litigation.
“We are very appreciative and thankful that our customers and employees have supported us during these months of litigation,” said Joel Fields, WTS Paradigm CFO. “We believe that putting this litigation behind us will allow WTS to continue to focus on our customers’ needs and expanding our business.”
WTS Paradigm - Knowledge. Commitment. Focus.
With extensive background in technology, we commit to our customers’ businesses, their goals, and their products. We show them ways to drive revenue, minimize expenses, and use data in innovative ways to meet their objectives.
To learn more about us and the solutions we offer, check us out: http://www.wtsparadigm.com
About Quarles & Brady, LLP
Quarles & Brady is a full-service AmLaw 200 firm with more than 475 attorneys offering an array of legal services to corporate and individual clients that range from small entrepreneurial businesses to Fortune 100 companies, with practice focuses in intellectual property, health care and life sciences, business law, labor and employment, real estate, data privacy and security, and complex litigation. The firm has offices in Chicago; Indianapolis; Madison; Milwaukee; Naples, Florida; Phoenix; Scottsdale; Tampa; Tucson; and Washington, D.C. Additional information can be found online at http://www.quarles.com.