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Audiovox Corporation
Audiovox Reaches Settlement with INViSiON Industries on Patent Infringement Lawsuit
November 22nd, 2008
Audiovox Corporation (NASDAQ:VOXX) announced that it reached a settlement agreement with INViSiON Industries, Inc., a Florida based corporation, regarding the patent infringement suit filed earlier this year in the United States District Court for the Eastern District of New York. In June 2008, Audiovox announced the suit, alleging that INViSiON infringed on three of the Company's U.S. Patents -- Nos. 6,899,365, 7,245,274 and D448,009 -- all of which apply to headrest-mounted, rear-seat entertainment systems for automobiles. These patents protect Audiovox's commercially successful line of headrest-mounted, rear-seat automobile entertainment systems. ...
Source: Law & Health Weekly (2008-11-22)
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