MELBOURNE, Australia--(BUSINESS WIRE)--Dec. 12, 2005--Genetic Technologies Limited (“GTG”) (NASDAQ:GENE) (ASX:GTG) is pleased to report that it has now reached a final settlement of its patent dispute with Applera Corporation, further to a Settlement Conference held last week in San Francisco, California. The parties have executed a number of binding agreements, including a final Settlement Agreement plus license agreements and a supply agreement, and the parties will now move to dismiss all claims and counterclaims in the legal action before Judge Phyllis Hamilton, of the US District Court, Northern District of California, San Francisco.