Smart Parts and KEE Action Sports settled a suit brought on by Smart Parts which accused KEE of infringing on patents 5,881,707, 5,967,133 6,035,843, 6,474,326, 6,637,421, and 7,100,593. The settlement included a royalty-bearing license for KEE to produce electronic markers, KEE having to stop production on insert barrel kits, namely the Empire Revolver, and KEE is now an official distributer of Smart Parts goods.
Rack up another one for sue happy Smart Parts and all their patents, though KEE isn’t exactly innocent.
[Via]