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BRIEF-Xpel Technologies and 3M Co report settlement agreement in patent infringement lawsuit

March 23 Xpel Technologies Corp:

* Xpel Technologies Co and 3M company, today announced they have reached a settlement agreement in a patent infringement lawsuit

* Under terms of settlement, Xpel will acquire a license to united states patent no. 8,765,263

* 3M and Xpel have agreed to dismiss lawsuit "without prejudice"

* The patent infringement lawsuit was filed by 3M Company and 3M innovative properties company on December 30, 2015 Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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