I am glad that Freedom Scientific and Serotek have come upon an agreement to end the lawsuit. It has been worrying for some people but now it's finally over and so is the petition that 430 of you guys signed. You can read about it below:
(St. Petersburg, Florida, and Minneapolis, Minnesota – June 4, 2007) Freedom Scientific and Serotek jointly announced today that they have reached an agreement
whereby Serotek has agreed that it was inadvertently infringing Freedom Scientific’s federally-registered trademark.
“It is unfortunate that we had to take this action,” said Lee Hamilton, President and CEO of Freedom Scientific, “but trademarks are valuable corporate
assets, and they must be protected, or they are lost. This agreement accomplishes that, and we have agreed to dismiss the lawsuit. As part of this agreement,
Serotek has agreed not to use our trademark or any other trademark that is similar.”
“We are pleased with the settlement agreement,” said Mike Calvo, CEO, Serotek. “We will be renaming the FreedomBox and other affected products and services
in a separate announcement in the near future.”
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