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SmarTire Gets Patent Settlement

Canadian TPMS maker SmarTire Systems Inc. said it has settled its patent infringement lawsuit against Siemens VDO Automotive Corp., now part of Continental AG.

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Terms of the settlement, signed on Feb. 20, were confidential.

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SmarTire Systems still has a related patent infringement claim against Schrader-Bridgeport International Inc. and Schrader Electronics Ltd., which is scheduled to go to trial in early May. (Tire Review/Akron)

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