July 11 (Reuters) - Raven Industries Inc RAVN.O :
* RAVEN AND AGJUNCTION SETTLE LAWSUIT
* PATENT INFRINGEMENT LAWSUIT AGAINST COMPANY BROUGHT BY AGJUNCTION HAS BEEN SETTLED BETWEEN PARTIES
* AS PART OF AGREEMENT, RAVEN IS GRANTED A NONEXCLUSIVE LICENSE TO A SIGNIFICANT PORTION OF AGJUNCTION'S PATENT PORTFOLIO
* PARTIES AGREED TO A MUTUALLY ACCEPTABLE, NO-FAULT BUSINESS SOLUTION