FeraDyne Outdoors and NAP Announce Litigation Settlement
OutdoorHub 07.23.13
FeraDyne Outdoors, LLC, and New Archery Products Corp., announced today that they have settled all ongoing litigation between them. Under the terms of the settlement, NAP has taken a royalty-bearing license to a FeraDyne patent, and NAP and FeraDyne have cross-licensed certain other patented technology on a royalty-free basis. The specific terms of the settlement agreement were not disclosed.
About FeraDyne Outdoors:
FeraDyne designs, manufactures and sells a range of innovative outdoors products in the bowhunting industry. Feradyne owns Rage Outdoors, which sells the revolutionary line-up of rear-deploying Rage broadheads and quivers; Muzzy Outdoors, maker of Muzzy broadheads and bowfishing equipment; and the market-leading Nockturnal™ brand of lighted nocks.
