Innovatier & CardXX Settle

Jul 13, 2012, 10:00 ET from Innovatier, Inc.

LAKELAND, Fla., July 13, 2012 /PRNewswire/ -- INNOVATIER, INC. and CARDXX, INC. are pleased to announce that the lawsuit pending between them since 2008 has recently been settled. The terms of the settlement are undisclosed, but from this point forward, each company will be free to pursue its own technology.

This release contains forward-looking statements. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. Innovatier, Inc. and CardXX, Inc. assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the industries in which it operates, and changes in domestic and international market conditions, and foreign exchange rates.

For more information concerning Innovatier, Inc. contact Lawrence J. Keim, 863-688-4548, ext. 29

For more information concerning CardXX, Inc. contact Paul Reed, 206-542-9129




SOURCE Innovatier, Inc.