Lawsuit Settlement Ends Educational Software License Agreement

Structured Settlement Resources Newsletter
Do you need to know about structured settlements right now? Are you in a situation where knowledge of structured settlements are necessary! Well sign up for this newsletter and receive gems of info about structured settlements absolutely FREE!
Experts In Law Newsletter
What is the true value of knowing the law in america? Well, it can be worth millions of dollars! But if you are ignorant of your rights and the law, you'll seriously be at a disadvantage. But Experts In Law will give you FREE products and information on a monthly basis in order to make sure you take advantage of the law as a citizen in this country.
First Name
Email

Lawsuit Settlement Ends Educational Software License Agreement
PRWEB

Merit Software has settled its lawsuit against Siboney Corporation. Siboney has agreed to stop selling Merits software outside of the schools market, and to stop including Merit's software in any Siboney products in late 2005.

(PRWEB) December 27, 2004 -- Merit Software, a New York educational software developer, announced today that its lawsuit against Siboney Corporation has been settled, with Siboney agreeing to pay Merit in excess of $600,000 over the next two years, agreeing to stop selling Merits software outside of the schools market, and agreeing to termination of Siboneys license from Merit to sell its software in other markets. Under the settlement agreement, none of the parties admitted liability for any of the claims or counterclaims.

Merit had sued Siboney in June of this year in the Federal District Court in St. Louis for copyright infringement and breach of contract, and asked for damages and termination of the license. The charge of infringement was due to Siboneys selling Orchard Home software containing Merits products. Merit alleged that Siboneys license did not permit this because the license was limited to the schools market. Siboney filed a counterclaim against Merit, alleging numerous breaches of the license agreement and seeking damages.

Siboney agreed in July to immediately stop including Merit software in its Orchard Home products, and now has agreed to stop selling Merit software and to stop including Merit Software in any Siboney products in late 2005.

The current Orchard products that contain Merit Software include ESL Renegades, Grammar Renegades, Word Renegades, Paragraph Power, Reading Concepts and Reading for Critical Thinking. The corresponding Merit products, which will continue to be sold by Merit are: ESL Fitness, Grammar Fitness, Vocabulary Fitness, Paragraph Punch, Accu-Reading, Reading Shape-Up, and Developing Critical Thinking Skills for Effective Reading.

The lawsuit is Civil Action No. 4:04-CV-785 in the United States District Court for the Eastern District of Missouri, Eastern Division (St. Louis).

About Merit Software
Merit Software is a leading publisher of educational software. For over fifteen years, Merit Software has focused on the core competencies for grades 3-12 and adult education. Merit Software is a favorite of educators, students and parents nationwide and is currently being used in thousands of educational facilities. Designed with an emphasis on ease of use plus maximum instructional content, Merit Software offers a comprehensive suite of products targeted to educational excellence.

Contact Information:
Ben Weintraub
Merit Software
(212) 675-8567
http://www.meritsoftware.com

###

Classified Secrets to MAXIMUM Insurance Payouts - You will discover the classified trade secrets of the PROS which will show you how you can settle your own claim for MAXIMUM DOLLAR, and pocket all of the money yourself instead of paying a lawyer to profit from your pain and suffering! CLICK HERE to purchase.

Other Related Information: