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Raymarine and Navico dispute resolved Press Release

Raymarine and Navico dispute resolved

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Navico Inc. and Navico Holding AS, and Raymarine Inc, are pleased to announce that they have resolved their disputes through a license to Navico's patented DownScan sonar technologies. Raymarine and Navico have mutually agreed to dismiss all patent litigations and disputes between them. The terms of the patent license and resolution are confidential.