TV star Rainn Wilson and Portland software company

finalized a settlement of their bitter legal dispute today.

Terms of the deal are confidential, but Think Brilliant's attorney said Wilson will issue a statement on the settlement next week.

on its website this afternoon.

, who plays Dwight on the NBC sitcom "The Office," in 2010. It alleged that the actor didn't adequately pay the five-person Portland company for helping develop his website, SoulPancake.

The company's suit, filed in U.S. District Court in Portland, sought as much as $11 million.

, accusing Think Brilliant of "brazen fraud and breach of trust" and seeking at least $400,000 in damages.

Think Brilliant declined to disclose terms of the settlement, but company founder Aviv Hadar said it frees its business to resume developing software whose ownership had been in dispute.

"This settlement, which we're incredibly happy with, basically gives us the resources to fire up on all cylinders," he said. "What the litigation did to us, as a small company, it just froze us. The allegations that Rainn made were debilitating."

Attorneys representing Wilson did not immediately respond to inquiries seeking comment. The actor, who frequently posts thoughts and observations on Twitter, did not respond to a tweet seeking his response.

His irreverent website, SoulPancake, seeks to elicit collaboration from visitors on "life's big questions."

With the litigation behind it, Hadar said that Think Brilliant plans to begin releasing software early next year -- beginning with a product aimed at the restaurant industry.

Think Brilliant and Wilson, who is originally from Seattle, were initially quite close. Wilson called Hadar "a visionary" in

.

But Hadar said the dispute ruined their relationship.

"From both sides," he said, "the respect is gone and there's just no trust."

-- Mike Rogoway; twitter: @rogoway; phone: 503-294-7699