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ITT Exelis reaches patent settlement agreements with Verizon, Qualcomm, LG and Kyocera



  ITT Exelis reaches patent settlement agreements with Verizon, Qualcomm, LG
  and Kyocera

Business Wire

MCLEAN, Va. -- March 6, 2013

ITT Exelis (NYSE: XLS) has reached settlement agreements with four companies
regarding patent infringement claims related to Exelis assisted Global
Positioning System (GPS) technology. The settlement agreements resolve all
issues regarding the company’s claim that the mobile devices, components and
networks sold or supported by Verizon, Qualcomm, LG and Kyocera, incorporating
assisted GPS technology, infringed on Exelis patent rights. Specific details
of each of the settlement agreements will remain confidential.

"Exelis is a global leader and innovator in GPS, communications, and numerous
other technologies,” said Thomas M. Blasey, Deputy General Counsel and Chief
Intellectual Property Counsel for Exelis. “These latest settlements, as well
as our prior settlements with other major providers of wireless communication
devices and network service, demonstrate that Exelis is fully committed to
protecting its intellectual property portfolio.”

About ITT Exelis

Exelis is a diversified, top-tier global aerospace, defense, information and
technical services company that leverages a 50-year legacy of deep customer
knowledge and technical expertise to deliver affordable, mission-critical
solutions for global customers. We are a leader in communications, sensing and
surveillance, critical networks, electronic warfare, navigation, air traffic
solutions and information systems with growing positions in C4ISR, composite
aerostructures, logistics and technical services. Headquartered in McLean,
Va., the company employs about 19,900 people and generated 2012 sales of $5.5
billion. For more information, visit our website at www.exelisinc.com or
connect with us on Facebook, Twitter and YouTube.

Contact:

ITT Exelis
B.J. Talley, 703-790-6349
William.talley@exelisinc.com
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