Item 8.01 Other Events.

Effective as of December 22, 2008, we resolved our existing litigation with MedSafe Technologies, LLC ("MedSafe") by entering into a PATENT LICENSE/ASSIGNMENT AND SETTLEMENT AGREEMENT with MedSafe and Syringe Development Partners, LLC; William B.S. Pressly, Sr.; Charles A. Vaughn, Sr.; G. Samuel Brockway; and Thomas R. Ellis (collectively, the "MedSafe Plaintiffs") (the "Settlement Agreement"). This Settlement Agreement ends the patent infringement litigation between us and MedSafe (over patent no. 6,074,370) that has been pending before the United States District Court for the District of South Carolina, Greenville Division.