San Diego, California – June 30, 2016 – Memjet and HP Inc. have reached a global settlement that includes the dismissal of all current actions between the parties and a cross-license. The terms of the settlement are confidential.

“We are pleased to have reached a settlement with HP,” said Len Lauer, CEO of Memjet. “We will continue to stay focused on creating innovative printing technology that enables our customers to realize optimal speeds, quality and costs.”

About Memjet
Memjet created a whole new category of inkjet printing when it introduced their revolutionary printhead technology. These color printheads use Memjet’s unique Waterfall Printhead Technology™ that fires millions of ink drops per second. The waterfall technology and related components hold approximately 3,500 global patents, demonstrating both the innovation and the value of this solution.

Memjet has since grown to become a global leader, offering page wide, color printing technologies that provide remarkable speeds and affordability to a growing number of customers and markets, with a focus on desktop, wide format, and production applications.

Memjet maintains its corporate office in San Diego, and has offices in Dublin, Sydney, Taipei, Singapore and Boise, Idaho. The company is privately held. For more information, please visit www.memjet.com, ‘Like’ us on Facebook or follow us on Twitter @memjet

CONTACTS FOR MEMJET:

Worldwide, except Europe:
Marion Williams-Bennett
Create Communications for Memjet
marionwilliamsbennett@gmail.com
+01 617.512.0814

Europe
Florian Heinrichs
LEWIS for Memjet
MemjetGermany@teamlewis.com
+49 69.50.50.656.01