Thursday, June 30, 2005 11:19:03 AM
"Both companies have left the table happy and with what they wanted," said Chas W. Fritz, founder and chairman of NeoMedia. "NeoMedia has again seen its patent portfolio remain strong and protected, Virgin gains the right to move forward as a licensed user of that technology through the next decade in its music and movie retail stores, and the lawsuit will be withdrawn."
Using the example you provided, I would NOT be happy w/ that type of settlement. I think an example, along the lines you provided, more aptly applied to this would rather read:
"You try to steal my car. I have talks with you. We reach an agreement!! The agreement is: You get the "F" away from my property before I beat the shi* out of you and turn you in to the police. A "win/win" agreement, i.e, I keep my car intact and you keep your pretty face intact and your freedom."
Do you have faith that NeoMedia's management are doing the right things in regards to their and their shareholders best interests? I, for one, do.
As in all companies...they can only be as successful as the management is savvy. It appears to me that NeoMedia is chock-full of savvy businessmen.
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