Smart Parts, Inc. and KEE Action Sports, LLC announced the signing of a settlement agreement resolving the litigation that Smart Parts brought against KEE earlier this year in the Eastern District of Texas.  As part of that settlement, KEE and Smart Parts have agreed to a worldwide, non-exclusive, royalty-bearing license under Smart Parts' Electronic Paintball Gun Patents, including U.S. Patent Nos. 5,881,707; 5,967,133; 6,035,843; 6,474,326; 6,637,421; 7,100,593 and their foreign counterparts.  I

n addition, although denying infringement, KEE has agreed to phase out certain barrel insert kit products, which Smart Parts asserted were infringing other patents.  Also as part of the settlement agreement, Smart Parts has entered into a distribution agreement with KEE whereby KEE will be an authorized distributor of Smart Parts products.
 
Smart Parts owns numerous U.S. and international patents related to the sport of paintball.  Among other things, Smart Parts' patents cover various aspects of the electronic control of paintball guns, barrel porting, barrel insert kits, and other Smart Parts innovations.
 
KEE is a worldwide leader in the distribution of paintball sport goods, and is the exclusive source for RPS, Empire, Pure Energy, HALO, EVIL, Vents, Extreme Rage, PCS, Diablo, Piranha, SportShot, Shocktech and Invert paintball products. KEE Action Sports also distributes an extensive list of brand-name items from manufacturers including Smart Parts, BT Paintball, Dye, Proto, Redz, Planet Eclipse, Battle M.A.X., and more.

© Copyright 1999 - 2007, 68Caliber.Com

Top of Page