ADDvantage Media Group, Inc. Announces Litigation Against Wal-Mart Stores, Inc. Concerning Shoppers Calculator Program.TULSA, Okla.--(BUSINESS WIRE)--Sept. 2, 1998--ADDVANTAGE MEDIA GROUP, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADDM ADDM Automatic Database Diagnostic Monitor (Oracle Database 10g) ADDM Asynchronous Digital Data Modem ADDM Assistant District Director for Management ADDM Asynchronous Distributed Decision Making ), announced today that it has filed a civil complaint against Wal-Mart Stores, Inc. ("Wal-Mart") in the United States District Court for the Western District of Arkansas The United States District Court for the Western District of Arkansas is further subdivided into six divisions, which collectively cover 34 Arkansas counties. External link
• , Fayetteville Division, seeking both compensatory and punitive damages based on various allegations of wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do by Wal-Mart. The lawsuit
generally alleges that, at the direction of Wal-Mart's President
and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , David Glass, Wal-Mart breached contracts with AMG AMG All Music Guide (music website)AMG All Media Guide (group of media websites) AMG All Movie Guide (Movie website) AMG Arzneimittelgesetz (German Law) , including a September 1, 1995 contract which was executed in connection with the settlement of claims which AMG had asserted against Wal-Mart in previous 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. . The lawsuit also alleges that based on a course of conduct approved by Mr. Glass, Wal-Mart is liable to AMG for misrepresentation, deceptive trade practices, injurious falsehood, and intentional interference with contractual relationships and business expectancies. The lawsuit also includes a claim for damages under the doctrine of "promissory estoppel." The civil complaint alleges that AMG has suffered substantial damages as a consequence of the conduct of Wal-Mart, as alleged in the lawsuit. The civil complaint does not, however, refer to a specific dollar amount of damages which AMG seeks to recover from Wal-Mart in the lawsuit. Charles H. Hood, President of AMG stated, "As evidenced by Wal-Mart's own internal research, the Shoppers Calculator program was a huge success for Wal-Mart, its vendors, and its customers. We were therefore shocked and disappointed when Wal-Mart notified us in April of 1998 that it had decided to discontinue the Shoppers Calculator program. While we clearly would have preferred to continue our business relationship with Wal-Mart, the recent events that are described in the lawsuit left us with no choice but to take legal action to recover our damages and protect our shareholders." ADDvantage Media Group, Inc. is a marketing company with the primary focus on in-store, point-of-sale consumer advertising. The Company has a unique, proprietary product, the Shoppers Calculator(R), a solar-powered calculator that attaches directly to the handle of a shopping cart. The calculator also carries an advertising display area.
CONTACT: Company Contact: Financial Relations Contact
Charles H. Hood Terence F. Leong
Gary W. Young (212) 343-9013
(918) 665-8414
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