InsWeb (INSW) and Autobytel (ABTL) Announce Settlement of Multi-Party Patent Litigation
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InsWeb Corporation (NASDAQ: INSW) and Autobytel Inc. (NASDAQ: ABTL) tody announced that, along with Internet Brands, Inc. and Leadpoint, Inc., they have entered into a settlement agreement resolving Autobytel's lawsuit filed against InsWeb, Leadpoint and Internet Brands in the U.S. District Court in the Eastern District of Texas, Marshall Division, relating to Autobytel's U.S. Patent Number 6,282,517 for lead technology.
The settlement agreement also resolves a patent claim filed by InsWeb, Internet Brands and Leadpoint against Autobytel in the U.S. District Court in the Southern District of California related to InsWeb's U.S. Patent No. 6,898,597 for lead management technology.
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