In a joint statement issued today, Tonic Studios and My Sweet Petunia announced that they have settled their year-old litigation over whether the Tim Holtz stamp platform infringed on the patent for My Sweet Petunia’s MISTI tool.
Under the agreement with My Sweet Petunia, Tonic Studios will stop selling both sizes of the Tim Holtz stamp platform in the U.S., Canada, North America and South America. Sales of accessories for the platforms will also end in those markets. The Tim Holtz stamp platform will continue to be available in other areas such as Europe and Asia.
The announcement also refers to “a larger agreement that anticipates an ongoing business relationship between the two companies” and says the companies “look forward to working together”.
For those still wishing to pick up a Tim Holtz stamp platform in the United States before they disappear, you can still find them here [affiliate links]: Amazon, A Cherry On Top, Scrapbook.com, Simon Says Stamp