BGI Announces Mediated Settlement Agreement
2008年11月20日 - 7:25AM
Marketwired
BGI, Inc. (PINKSHEETS: BGII) today announced that a Mediated
Settlement Agreement has been entered into between Cyberdyne
Systems, Inc., and its related entities and BGI, Inc. and its
related entities setting out the terms by which the parties will
settle all ongoing litigation between the parties.
The terms of the Mediated Settlement Agreement include
settlement terms for the civil case styled Cyberdyne Systems, Inc.,
v BGI, Inc. case number CV06-02954-PHX-ROS, filed in the United
States District Court, District of Arizona and the civil case
styled Cyberdyne Systems Inc., v. Telephonics Vending LLC and
Prepaid Plus, Inc., case number A-08-CA-268-SS, filed in the United
States District Court for the Western District of Texas, Austin
Division. This Mediated Settlement Agreement is meant to settle all
of the issues in dispute between all parties.
This press release may contain forward-looking statements
including BGI's beliefs about its business prospects and future
results of operations. These statements involve risks and
uncertainties. Among the important additional factors that could
cause actual results to differ materially from those
forward-looking statements are risks associated with the overall
economic environment, changes in anticipated earnings of the
company and changes in the competitive marketplace. In addition,
the factors underlying company forecasts are dynamic and subject to
change and therefore those forecasts speak only as of the date they
are given. The company does not undertake to update them; however,
it may choose from time to time to update them and if it should do
so, it will disseminate the updates to the investing public.
About BGI, Inc.
BGI, Inc. (http://www.bgicorp.com) is engaged in new business
development concentrating its efforts on companies with growth
potential in software and web 2.0 technologies as well as companies
with green forward thinking technologies. BGI, Inc. was founded in
1994 and has offices in Austin, Texas. The Company currently trades
on the Pink Sheets under the symbol BGII.
Corporate Contact: Don B. Mauro BGI, Inc. 13091 Pond Springs
Road, Suite D-350 Austin, Texas 78758 Phone: (512) 335-0065, ext.
203 Fax (515) 335-0078 Web: www.bgicorp.com
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