Press Release: Alarm Lock : Acacia Subsidiary Enters into Settlement and Patent License Agreement with Alarm Lock Systems, Inc.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today that its O.S. Security LLC subsidiary has entered into a settlement and patent license agreement with Alarm Lock Systems, Inc. The agreement resolves litigation that was pending in the United States District Court for the Central District of California. ABOUT ACACIA RESEARCH CORPORATION Founded in 1993, Acacia Research Corporation (NASDAQ: ACTG) is the industry leader in patent licensing. An inter