RIM still open to “reasonable” NTP settlement

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Research In Motion Ltd. has not shut down communications with U.S. patent holding firm NTP Inc. and remains open to a “reasonable settlement opportunity”, its chief financial officer said on Friday.

With one week before a February 24 court hearing on NTP’s request for an injunction to halt U.S. service of RIM’s BlackBerry e-mail device, he also repeated that Canadian firm’s technical workaround will avert any blackout.

“We haven’t shut down communications” with NTP, said CFO Dennis Kavelman at a CIBC World Markets conference.

“You know if there’s a reasonable settlement opportunity that we’d be there. I think we showed last year that we were willing to settle that.”