Business Services Industry

Intermec Signs License Agreement with Metrologic

Business Wire, Oct 24, 2007

EVERETT, Wash. -- Intermec, Inc. (NYSE:IN) - today announced an agreement to license cutting-edge technology to Metrologic Instruments, Inc., a leading global supplier of data capture hardware and software. This intellectual property licensing agreement is part of Intermec's ongoing commitment to make critical data capture and related technologies available to the marketplace. Under this agreement, Metrologic is taking a running-royalty license under nine Intermec patents that cover wireless data capture and data processing devices and systems. Five of these licensed patents are the subject of Intermec's recent patent infringement lawsuit against Palm, Inc.

About Intermec, Inc.

Intermec, Inc. (NYSE:IN) develops, manufactures and integrates technologies that identify, track and manage supply chain assets. Core technologies include RFID, mobile computing and data collection systems, bar code printers and label media. The Company's products and services are used by customers in many industries worldwide to improve the productivity, quality and responsiveness of business operations. For more information about Intermec, visit www.intermec.com or call 800-347-2636. Contact Intermec Investor Relations Director Kevin McCarty at kevin.mccarty@intermec.com, 425-265-2472.

(Forward-looking Statements)

Statements made in this release that express Intermec's or our management's intentions, hopes, indications, beliefs, expectations, forecasts or predictions of the future constitute forward-looking statements, as defined by the Private Securities Litigation Reform Act of 1995, and relate to matters that are not historical facts. These statements represent beliefs and expectations only as of the date they were made. We may elect to update forward-looking statements but we expressly disclaim any obligation to do so, even if our beliefs and expectations change. Such forward-looking statements involve and are subject to certain risks and uncertainties. These include, but are not limited to, risks and uncertainties described more fully in our reports filed or to be filed with the Securities and Exchange Commission including, but not limited to, our annual reports on Form 10-K and quarterly reports on Form 10-Q.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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