Press Releases
LizardTech and Mapping Science Announce Lawsuit Settlement
SEATTLE, Wash., February 12, 2004 – LizardTech, Inc., a worldwide leader in software solutions that make it significantly easier to manage, distribute and access complex digital content such as aerial photography, satellite images and color image documents, and Mapping Science, a developer of specialized image compression tools for the GIS and remote sensing community, today announced that they have reached a settlement in LizardTech’s ongoing lawsuit for claims against Mapping Science for misappropriation of trade secrets.
As part of the settlement agreement, Mapping Science will cease its operations and transfer all assets to LizardTech. LizardTech will assume responsibility for support and transition of Mapping Science’s existing customers.
“We are glad that the ongoing lawsuit with Mapping Science has been resolved without going to trial. LizardTech is committed to providing continued support to existing Mapping Science customers and providing a comprehensive upgrade path to LizardTech products in the near future,” said Carlos Domingo, LizardTech’s Chief Executive Officer. “LizardTech’s vision is to make massive satellite imagery and aerial photography easy to manage and distribute, and quickly accessible by those who rely on imagery for critical decisions involving everything from optimizing agriculture yields to national security.”
“We are happy to have reached a lawsuit settlement that makes sense for both companies,” said Walt Wiley, President of Mapping Science. “While we are sad to see Mapping Science cease its operations, we are confident that LizardTech’s new management team will fully support our customers and partners during the transition period and beyond.”
LizardTech expects the transition to be complete by February 18, 2004. For any inquires about Mapping Science products and related questions please call 1-866-725-5211 or 206-652-5211.
About LizardTech
Since 1992, LizardTech has delivered state-of-the-art software products for managing and distributing massive, high-resolution geospatial data such as aerial and satellite imagery and LiDAR data. LizardTech pioneered the MrSID technology, a powerful wavelet-based image encoder, viewer, and file format. LizardTech has offices in Seattle, Denver, London and Tokyo. For more information about LizardTech, visit www.lizardtech.com.
About Celartem
Celartem Technology Inc. http://www.celartem.com develops and sells innovative technologies for storage, access and distribution of rich media content. Celartem has developed technology in the areas of digital image compression, scalable image viewing and secure content distribution and management. Celartem is listed on the Osaka Securities Exchange, JASDAQ: 4330. Established in 1996, Celartem is headquartered in Tokyo, Japan and has a wholly owned subsidiary, Celartem Inc. d.b.a. LizardTech with headquarters in Portland, OR.
