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Intergraph Reaches Patent Agreement With Sony


HUNTSVILLE, AL - Intergraph Corporation (NASDAQ: INGR), a leading global provider of spatial information management (SIM) software, announced a patent license agreement between Intergraph's intellectual property subsidiary and Sony Corporation of Japan. Under the terms of the agreement, Sony will make a one-time, up-front royalty payment of $15 million. Intergraph expects to record after-tax intellectual property income from this agreement of approximately $8.6 million, net of all fees, expenses and estimated taxes, in the first quarter of 2006. As a result of the patent license agreement, Sony will obtain a fully paid-up worldwide license to Intergraph’s patent portfolio, and Intergraph will obtain an option to license certain Sony patents on royalty-bearing terms.

Commenting on the settlement, Intergraph CEO & President Halsey Wise said, “We are pleased to have reached a licensing agreement with Sony. This license with Sony demonstrates our continued commitment to enforce and realize valu

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Express Mail Mailing Label

Definition:
Patent correspondence delivered to the USPTO via the "Express Mail Post Office to Addressee" service of the USPS which is considered filed in the Office on the date of deposit with the USPS.

Infringe

Definition:
To make, use or sell the patented item or process within the country covered by the patent, without permission or license from the patentee.

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