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Card Activation Technologies settles litigation against Sears Holdings

06 January 2009  |  2059 views  |  0 Source: Card Activation Technologies

Card Activation Technologies (OTC Bulletin Board: CDVT), owners of a patented point-of-sale technology for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, today said that the Company has settled its lawsuit against Sears Holdings Corp (Nasdaq: SHLD).

The terms of the settlement are confidential.

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