I will note that the extension requests were filed jointly by the parties and affect both actions. Therefore, I am expecting an omnibus settlement, if there is a settlement, that disposes of both cases, not just one.
Furthermore, if I were in Neomedia's shoes, I would not settle for anything other than what would be perceived as a clear win. If we don't settle we are looking at final judgment in the Neomedia v. Scanbuy case in less than year, probably less than 9 months. Pretial conference is already set for the spring. The Scabuy v. Neomedia case is not as advanced.
I would rather take the Neomedia v. Scanbuy case to final judgement than to settle for anything that is less than a clear capitulation by Scanbuy at this moment. We are at a critical juncture in the rolling out of the ecosystem, and a less-than-favorable settlement could send entirely the wrong signal to the market.
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