Paris Hilton is no longer being sued by Hairtech International, a manufacturer and distributor of hair extensions, RadarOnline.com has exclusively learned.

The company agreed to dismiss the lawsuit against the hotel heiress after a settlement was reached, and while terms of the deal are being kept confidential, we know that Hilton will not be paying any money to Hairtech as part of the agreement.

Paris tells RadarOnline.com exclusively: "I'm thrilled with this result. It is certainly not unusual for business people to have their disagreements, but I am glad that Chris (Volek, Hairtech, Principal) has acknowledged the hard work and dedication I put into promoting his products."

Hotel heiress Paris Hilton was slapped with a $35 million lawsuit by a hair extension company she endorses, but what goes around comes around.

RadarOnline.com has learned exclusively that the founder and CEO of Hairtech International, Chris Volek, has legal woes of his own -- including a recent eviction notice.

EXCLUSIVE DOCUMENTS: Read The Eviction Notice Against Hairtech CEO