3D Systems Announces Settlement with Regent Pacific Management Corporation; 3D Systems Announces More Litigation Settlements.Business Editors VALENCIA, Calif.--(BUSINESS WIRE)--March 3, 2004 3D Systems Corporation (Nasdaq:TDSC TDSC Thai Development Support Committee TDSC Time Domain Signal Coding TDSC Test Driver System - Charlie TDSC Time-Domain Spreading Code ) announced today that it has settled its litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. with Regent REGENT. 1. A ruler, a governor. The term is usually applied to one who governs a regency, or rules in the place of another. 2. In the canon law, it signifies a master or professor of a college. Dict. du Dr. Call. h.t. 3. Pacific Management Corporation, which had provided management services to the Company from 1999 to 2002. The Company also announced that it has settled litigation brought by E. James Selzer, the Company's former chief financial officer, on terms that were not material to the Company. The Company previously announced its February 4, 2004 agreement with EOS Eos (ē`ŏs), in Greek religion and mythology, goddess of dawn; daughter of the Titans Hyperion and Theia. Every morning she arose early and preceded her brother Helios into the heavens. GmbH that settled all worldwide disputes and litigation between 3D Systems and EOS. Under the terms of that settlement agreement, 3D Systems and EOS waived all claims for damages with respect to their disputes and litigation and licensed various patents to each other. "We are very pleased we have been able to conclude these cases on terms attractive to the Company," said Abe N. Reichental, 3D Systems' Chief Executive Officer. "This is yet another positive step in our overall efforts to refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. our business on improving our customers' bottom line. Settling these litigations is in the best interests of our customers and our company and eliminates a great deal of disruption and expense." About 3D Systems Founded in 1986, 3D Systems(R), the solid imaging company(SM), provides solid imaging products and systems solutions that reduce the time and cost of designing products and facilitate direct and indirect manufacturing. Its systems utilize patented proprietary technologies to create physical objects from digital input that can be used in design communication, prototyping, and as functional end-use parts. More information on the company is available at www.3dsystems.com, or by phoning 888/337-9786, ext. 2882 (or 661/295-5600, ext. 2882 from outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ), or via email at moreinfo@3dsystems.com. |
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