PALM (Nasdaq: PALM) and HOP-ON, INC. (Pink Sheets:HPNN) announced today a signed settlement has been reached regarding use and registration of the GRAFFITI trademark.

Hop-on, Inc. settled its trademark dispute with Access Systems Americas, Inc. (ASA), formerly known as PalmSource, Inc., via confidential agreement restricting release of terms. The case was in the jurisdiction of the United States District Court for the Central District of California.

Hop-on will continue to own and use the Graffiti and Graffiti Wireless Trademarks in the categories designated on their USPTO Trademark application, which include mobile phones and providing wireless services.

ASA will continue to own and use the Graffiti trademark for its handwriting recognition software, operating system software, telecommunication service software and other categories designated in ASA’s Graffiti Trademark and trademark application with the USPTO.