Both camps issued the following joint statement which explains the settlement, "We wanted to let Queensryche fans around the world know that an amicable settlement has been reached between Eddie Jackson, Scott Rockenfield, Michael Wilton and Geoff Tate with regard to the future of the Queensryche name.

"According to the agreement, original Queensryche members Eddie Jackson, Scott Rockenfield and Michael Wilton along with recent members, Todd La Torre and Parker Lundgren, will now be the sole entity recording and touring as Queensryche, performing selections from their entire musical catalog that spans over 30 years of material.

"Original Queensryche lead singer Geoff Tate will continue to record, perform and pursue a variety of other creative endeavors and, as part of the agreement, will have the exclusive rights to perform Operation: Mindcrime I and II in their entirety as a unique performance.