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OTCBB:IASCA) is pleased to announce that a Settlement and Release Agreement has been completed with West Virginia University Research Corporation (WVURC) regarding the CTHA technology sublicense. 1/ WVU and WVRUC release all past and present claims it has against Integral, including $397,296 in claimed amounts, vigorously contested by Integral for past development work performed by WVURC on the Plasma Ignition Technology, the Colorvision Technology, and the CTHA Technology. Happy Rai, General Manager of Sovo Computer Center, states, "IAS is a perfect match for SOVO's and Airstream Communications business as IAS can have access to our computer hardware and software for their customers who will be using the IAS CTHA antenna. |
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