LG Electronics has entered into a license agreement with Iridian Technologies, a wholly-owned subsidiary of L-1 Identity Solutions, to license proprietary iris recognition software. The companies also settled all historical issues and disputes among LGE and L-1, Iridian and Securimetrics Inc., a wholly owned subsidiary of L-1 and have dismissed the pending litigation in the U.S. District Court for the District of New Jersey, in Newark.