Horton, Inc. and Kit Masters reach an agreement

Horton, Inc. and Kit Masters have reached an agreement to settle the pending litigation which involved a claim by Horton against Kit Masters for infringement of U.S. Patent Nos. 5,611,415 and 6,838,796 by Kit Masters’ two speed eddy current Gold Top clutch products and conversion kits, which will no longer be offered for sale. Complete terms of the settlement agreement are confidential.