On March 4, 2004, Extended Systems Incorporated, a Delaware corporation, issued a joint press release with Intellisync Corporation announcing that the Companies have mutually agreed to settle the ongoing patent infringement lawsuit initiated by Intellisync in April 2002. As part of the settlement agreement signed by both companies, Extended Systems will make a one-time payment of $2,000,000 to Intellisync Corporation. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
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