Melville, N.Y.-based ITUS Corp. has announced that its wholly owned subsidiary, J-Channel Industries Corp. (JCIC), has entered into a settlement and license agreement with Silver Line Building Products LLC. This is the 14th agreement that JCIC has entered into with respect to its patented J-Channel window frame construction technology, according to ITUS.

“We continue to generate revenue from our patented technologies, and are pleased with the progress that we are making with our J-Channel patent assertion campaign,” says ITUS president and CEO Robert Berman.

The agreement resolves a patent infringement lawsuit that was filed by JCIC in the fall of 2013 and all parties to the lawsuit will be dismissed, according to ITUS.

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