LAKE SUCCESS, N.Y. –

DealerTrack Holdings and RouteOne last Friday announced that they have settled patent infringement litigation that DealerTrack commenced against RouteOne in 2004.

Under the terms of the settlement, DealerTrack and RouteOne filed a stipulation of dismissal with Judge Andrew Guilford of the U.S. District Court for the Central District of California by which all claims raised by the parties in all cases brought by DealerTrack against RouteOne for alleged infringement of DealerTrack's U.S. Patents Nos. 5,878,403, 6,587,841 and 7,181,427 are to be dismissed.

The consolidated case is entitled DealerTrack, Inc. v. RouteOne LLC et al., CV-06-2335 AG (FMOx).

"We're pleased to have preserved the strength of our patents, while achieving a successful outcome to the litigation," said Mark O'Neil, chairman and chief executive officer of DealerTrack.

"This is a big win for our clients, and we're excited about continuing to create innovative and high value solutions for the automotive dealers and lenders throughout North America," O'Neil continued.

RouteOne chief executive officer Mike Jurecki added, "RouteOne couldn't be more pleased with the settlement and the outcome of the litigation.

"We believe it is a win-win for the parties, and equally as important a win for our customers, as we can now focus all of our attention on developing and providing solutions that continue to deliver maximum benefit to them," Jurecki went on to say.