Paice Press Releases

Toyota and Paice Reach Settlement of Patent Disputes

PRESS RELEASE | JULY 19, 2010 WASHINGTON, DC – Toyota Motor and Paice LLC have entered into an agreement to settle the patent disputes between them. The terms of the agreement are confidential. All lawsuits between the companies will be dismissed. “I am happy that Toyota and Paice came to an amicable resolution on the use of my power-assisted engine…

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Paice and Ford Reach Settlement in Hybrid Vehicle Patent Infringement Disputes

On July 8, 2010, Paice LLC and Ford Motor Company entered into an agreement for the license of Paice’s U.S. Patent No. 5,343,970. Each company had filed a lawsuit against the other relating to that patent relating to certain Ford hybrid vehicles.  Based on this agreement, the lawsuits will be promptly dismissed, bringing an end to all patent infringement litigation between…

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