Getac Technology Corp. and Getac, Inc. settle design patent infringement action commenced by Panasonic in the U.S.

E221228Y1・E221228Z1 Mar. 2023(E275)

 Getac Holdings Corporation announced on December 27, 2022 that its subsidiaries, Getac Technology Corp. and Getac, Inc. have reached a settlement with Panasonic Holdings Corporation (hereinafter “Panasonic”) for the design patent infringement lawsuit Panasonic filed against Getac Technology Corp. and Getac, Inc. (hereinafter collectively, “Getac”) on June 5, 2019 in the U.S., and a settlement agreement containing confidential terms and conditions has been duly executed by and among the parties.  The parties should perform the terms and conditions of the settlement agreement and all relevant pending legal proceedings should be withdrawn as required in the agreement.  This settlement agreement shall be kept in strict confidentiality for involving confidential matters.  (Released 2022.12.28) 
/CCS 

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