SCHAUMBURG, Ill. - Jan. 31, 2012 -- Motorola Solutions, Inc. and Lemko Corporation announced today that they have entered into an agreement to settle all pending litigation between them.
Motorola Solutions had sued Lemko, Xiaohong Sheng, Shaowei Pan, Xiaohua Wu, Xuefeng Bai, Nicholas Labun, Bohdan Pyskir, Hechun Cai, Jinzhong Zhang, Ankur Saxena, Raymond Howell, Faye Vorick and Nicholas Desai in litigation pending in the Chicago federal district court. Lemko, Shaowei Pan, Xiaohua Wu and Xiaohong Sheng filed counterclaims against Motorola Solutions in that case and Lemko brought separate actions in Illinois state court against Motorola Solutions and Motorola Mobility.
All claims in these pending lawsuits have been dismissed with prejudice.
"We have resolved our differences in the litigation amicably," remarked a Motorola Solutions' spokesperson.
"We are pleased, with the resolution of these cases, that Lemko can now focus all of our energies to growing our business by providing our customers with innovative communications solutions," said Nicholas Labun, Lemko's CEO.
About Motorola Solutions
Motorola Solutions is a leading provider of
mission-critical communication solutions and services for
enterprise and government customers. Through leading-edge
innovation and communications technology, it is a global
leader that enables its customers to be their best in the
moments that matter. Motorola Solutions trades on the New
York Stock Exchange under the ticker "MSI." To learn
more, visit www.motorolasolutions.com.
For ongoing news, please visit our media
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About Lemko
Lemko Corporation (http://www.lemko.com) is
dedicated to creating and providing comprehensive
broadband cellular solutions to rural communities, areas
ravaged by disaster and for other special situations
where small subscriber bases and/or problematic events
require lower cost yet easy to implement solutions.
Lemko's proprietary IP software provides core 4G
network technology that equips carriers, emergency
response teams and other mission critical users of
Lemko's patented "game changing"
technology, with the ability to quickly, easily and
economically deploy next generation mobile broadband
systems.
Forward-Looking Statement
This press release contains "forward-looking
statements" within the meaning of applicable federal
securities laws. These statements are made pursuant to
the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and generally include words
such as "believes," "expects,"
"intends," "anticipates" and similar
expressions. We can give no assurance that any future
results or events discussed in these statements will be
achieved. Any forward-looking statements represent our
views only as of today and should not be relied upon as
representing our views as of any subsequent date. Readers
are cautioned that such forward-looking statements are
subject to a variety of risks and uncertainties that
could cause our actual results to differ materially from
the statements contained in this release. Many of these
risks and uncertainties cannot be controlled by Motorola
Solutions and include, but are not limited to the
satisfaction of the conditions to the settlement. A
detailed description of other risks and uncertainties
affecting Motorola Solutions is contained in item 1A of
Motorola Solutions' 2010 Annual Report on Form 10-K
and in its other filings with the Securities and Exchange
Commission (SEC). These filings are available for free on
the SEC's website at www.sec.gov and on Motorola
Solutions' website at www.motorolasolutions.com.
Motorola Solutions undertakes no obligation to publicly
update any forward-looking statement or risk factor,
whether as a result of new information, future events or
otherwise.
# # #
Media Contacts:
Nick Sweers
Motorola Solutions
(847) 576-2462
nicholas.sweers@motorolasolutions.com
Raymond Minkus
(on behalf of Lemko Corp.)
U. S. (847) 830-8878
rdm@minkuspr.com
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