|[March 21, 2014]
GENBAND and CTDI Settle Legal Dispute
FRISCO, Texas --(Business Wire)--
a leading developer of multimedia and cloud communications solutions,
today announced that it has reached a settlement agreement with
Communications Test Design Inc. (CTDI) regarding its lawsuit in the
United States Eastern District Court of Texas. Although the terms of the
settlement are confidential, GENBAND (News - Alert) has successfully defended its
intellectual property rights related to support for repair and upgrades
of its products.
GENBAND has invested substantial resources into developing, creating
and acquiring intellectual property assets, which we will continue to
vigorously protect," said Zach Green, Executive Vice President and Chief
Legal Officer of GENBAND.
FROM THE CORE TO THE EDGE TO THE EXPERIENCETM, GENBAND is a
global leader in smart networking solutions for service providers and
enterprises in over 80 countries. The company's technology improves IP
networks by making them more scalable, secure, profitable and efficient.
GENBAND's market-leading technology supports multimedia voice, data and
video sessions and fixed-mobile unified communications applications that
scale on public and private networks. With a flexible, cloud-ready
platform, GENBAND's IMS, edge and application solutions help its
customers compete effectively by increasing revenues, improving
profitability, and attracting and retaining customers. To learn more,
visit us on the web at www.GENBAND.com.
GENBAND, the GENBAND logo and icon are trademarks of GENBAND.
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