Viacom Consumer Products and Activision Reach Agreement to Settle 'Star Trek' Video Game License Dispute

NEW YORK and SANTA MONICA, Calif., March 11 /PRNewswire-FirstCall/ -- Activision, Inc. (NASDAQ:ATVI) , a leading developer, publisher and distributor of interactive entertainment software products, and Viacom Consumer Products Inc., today jointly announced that they have reached an agreement that settles their legal disputes regarding their license agreement for "Star Trek" video games. As a result of the settlement, all pending lawsuits filed by each party in the Superior Court in Los Angeles regarding this matter have been dismissed. All other terms of the settlement agreement will remain confidential.

Both companies said that they were very pleased to resolve the matter amicably and look forward to working together in the future on other projects.