October 7, 2009 - United Parcel Service, Inc. and Ronald A. Katz Technology Licensing, L.P. announced that they have settled the lawsuit Katz's company filed in 2007 over Katz Technology's patents related to interactive voice applications.
Katz has a portfolio of over 50 patents with thousands of patent claims, all related to various aspects of telephonic interactive voice applications. His company has filed more than 100 lawsuits against major companies, and many have settled - including American Express, Bank of America, IBM, Merck, Microsoft, Wachovia and now UPS.
UPS has agreed to pay an undisclosed sum for a nonexclusive license for Katz Technology's patents related to interactive voice applications used in UPS' Travel and Transportation services. Other terms of the license were not disclosed.