American Auto-Matrix announced that it resolved its patent
infringement lawsuit against TSI Inc. with an amicable and mutually beneficial
settlement. The lawsuit, which had been pending in federal court since May 17,
2010, involved AMM’s U.S. Patent number 5,764,579, entitled “System for
Controlling Laboratories with Fume Hoods”. This patent broadly covers systems
and methods where laboratory and fume hood control are integrated with building
automation networks.

As a result of the settlement, TSI has been granted a
non-exclusive license to the patent which extends to its distribution chain and
customers. The settlement agreement was signed by both parties on December 28,
2011.

American Auto-Matrix,
www.aamatrix.com