iriseiRise, makers of visualization and simulations products for prototyping software, has settled the lawsuit against Axure over US Patent 7,349,837.  The patent, ‘Systems and methods for a programming environment for a simulation of computer application’ has been in dispute since 2008, and the settlement comes after the U.S. District Court found that Axure infringed on multiple claims of the patent.  Financial details were not released, but the motion to invalidate the patent was denied.

So if any of you out there simulate software, your time is limited.

iRise Settles Patent Suit | socalTECH.com.