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Wednesday, 02/03/2016 2:54:28 AM

Wednesday, February 03, 2016 2:54:28 AM

Post# of 21
Acuerdo Andrea Electronics $ANDR con ASUS Computer:
On January 27, 2016, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with ASUSTeK Computer Inc. and ASUS Computer International (“Asus”). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Asus including Andrea Electronics Corporation v. ASUS Computer Inc. et al., Civ. Action No. 2:15-cv-00214, pending in the Eastern District of New York and Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949, pending at the International Trade Commission. In addition, the Company and Asus entered into a Patent License Agreement.

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