D-Link Corporation and D-Link Systems

New York, NY: (Apr-30-07) Network-1 Security Solutions, Inc. was in a patent infringement legal battle with D-Link Corporation and D-Link Systems, in the United States District Court for the Eastern District of Texas, Tyler Division, where it accused D-Link of infringing on its Remote Power Patent. In a settlement reached, D-Link agreed to enter into a license agreement for the Remote Power, the terms of which include monthly royalty payments of 3.25% of the net sales of D-Link branded Power over Ethernet products, including those products which comply with the IEEE 802.3af and 802.3at standards. In addition, D-Link has agreed to pay Network-1 $100,000. The products covered by the settlement include Power over Ethernet enabled switches, wireless access points, network security cameras and VoIP telephones, among others. The terms of the License Agreement are subject to a definitive agreement between the parties, which will be accompanied by a dismissal with prejudice of all claims and counterclaims in the litigation currently pending in the Eastern District of Texas. [SYS-CON: REMOTE POWER PATENT]

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Published on May-3-07