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Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, February 20, 2006
RIM Open To Reasonable NTP Settlement


Blackberry manufacturer Research In Motion (RIM) has not shut down communications with U.S. patent holding firm NTP and remains open to a "reasonable settlement opportunity," its chief financial officer said Friday.

"You know if there's a reasonable settlement opportunity that we'd be there. I think we showed last year that we were willing to settle that", said CFO Dennis Kavelman at a CIBC World Markets conference.

With less than a week before a Feb. 24 court hearing on NTP's request for an injunction to shut down U.S.service of RIM's BlackBerry e-mail device, he also repeated that the Canadian firm's technical workaround will avert any blackout.

The two sides are due in court on Friday.


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