Entrust, Addison Avenue FCU Settle Suit

Entrust, Inc. has settled its patent infringement lawsuit against Addison Avenue FCU, Palo Alto, Calif. filed in March. Entrust said that as part of the settlement agreement, Addison Avenue has agreed to license the Entrust IdentityGuard product and that the parties have agreed to dismiss their respective claims and counterclaims with prejudice. The patent infringement lawsuit was filed in the United States District Court for the Northern District of California on March 22. Entrust IdentityGuard is a multi-factor authentication platform that can help allow organizations to strengthen authentication based on their assessment of transaction risk.