June 7, 2011
TYLER, Texas -- Internet technology provider Eolas Technologies Inc. has reached a settlement with Chicago, Ill.-based Playboy Enterprises International Inc. (NYSE: PLA) in a Texas patent infringement lawsuit. Under the agreement, Playboy has licensed two Eolas patents that enable Internet browsers to host embedded interactive applications.
The settlement resolves Eolas' legal claims against Playboy in Eolas Technologies Inc. v. Adobe Systems Inc., et al., No. 6:09-cv-446. The lawsuit remains pending against several additional defendants.