Agreement Resolves NTP Litigation

RICHMOND, Va.--()--NTP Inc., the company founded by wireless email inventor Tom Campana, announced today that it has reached a mutual resolution with 13 companies, including wireless carriers AT&T Inc. (T), Verizon Wireless (VZ), Sprint Nextel Corporation (S), T-Mobile; smartphone manufacturers Apple Inc. (AAPL), HTC Corporation (HTC), Motorola Mobility Holdings Inc. (MMI), Palm Inc. (PALM), LG Electronics (KRX:066570) and Samsung (KRX:005930); and email service and software providers Google Inc. (GOOG), Microsoft Corporation (MSFT), and Yahoo! Inc. (YHOO). NTP has entered into an agreement with the identified parties. As a result, all pending litigation between NTP and these companies will be dismissed.

NTP holds eight distinct U.S. patents relating to the delivery of electronic mail over wireless systems.

The signed agreement provides broad coverage under NTP’s patent portfolio to all of the companies. The contents of the agreement have not been disclosed.

About NTP Incorporated

Founded in 1992, NTP Incorporated is a privately-held intellectual property firm based in Richmond, Virginia that was founded by the late inventor Thomas Campana, Jr. and his partners. NTP's intellectual property includes patents relating to technologies involving wireless email which Mr. Campana developed as lead inventor in 1990. Mr. Campana was awarded over 50 patents in his career and invented a wireless location technology that helps parents find their children which received first prize at the 1996 Consumer Electronics Show. NTP currently holds more than 25 patents and patent applications in the United States and has licensing agreements with Research in Motion Limited, Good Technology, Inc., Nokia Inc., and Visto Corporation.

Contacts

For NTP Inc.
Jesse Dungan, 415-732-7881
jdungan@infinitepr.com

Release Summary

NTP Inc. announced today that it has reached a mutual resolution with 13 companies, including Apple and Google. All pending litigation between NTP and these companies will be dismissed.

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Contacts

For NTP Inc.
Jesse Dungan, 415-732-7881
jdungan@infinitepr.com