Celeritive Technologies, Inc.



Surfware/Celeritive Lawsuit Settled

Surfware, Inc. and Celeritive Technologies have settled the claims and
counterclaims made against each other


LOS ANGELES, CA, Aug 26, 2009 - Surfware, Inc. and Celeritive Technologies have settled the claims and counterclaims made against each other in their lawsuit filed in the United States District Court for the Central District of California. Pursuant to the settlement, Celeritive has acquired from Surfware a license under claims 14, 15, 16, 18, 35, 36, 37, and 39 of Surfware’s U.S. Patent No. 7,451,013 and the lawsuit has been dismissed. The remaining terms of the settlement are confidential.