I2 expects positive impact from patent litigation settlement with SAP America

Thu. June 26, 2008; Posted: 08:28 AM

NEW YORK, Jun 26, 2008 (Thomson Financial via COMTEX) -- ITWO | Quote | Chart | News | PowerRating -- I2 Technologies Inc. Thursday forecast a positive impact to its second-quarter performance because of recently-settled patent dispute litigation with SAP America.

Under the terms of the settlement, each party will license certain patents to the other in exchange for a one-time cash payment of $83.3 million made to i2. The company expects to receive the money in its third quarter.

I2 disclosed the settlement in an 8-K filing with the Securities and Exchange Commission.

Shares of i2 closed Wednesday at $12.72. The stock is down 31% over the past 52 weeks. Ryan Vlastelica rv/pc

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For full details on i2 Technologies Inc (ITWO) click here. i2 Technologies Inc (ITWO) has Short Term PowerRatings of 4. Details on i2 Technologies Inc (ITWO) Short Term PowerRatings is available at This Link.

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