USA: Frisby And Outlast Reach Legal Compromise
Frisby Technologies, Inc today announced it has reached an agreement with Outlast Technologies, Inc that will suspend the current District Court action in order to conserve resources and provide for an orderly resolution of the disputes between the parties. On April 25, Frisby filed a demand for arbitration against Outlast based upon certain disputes arising under the January 1, 1998 License Agreement between them.