Ampex and ISS Settle Litigation.Business Editors REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--July 21, 2000 Ampex Corporation and ISS ISS See Institutional Shareholder Services (ISS). LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control today announced that they have resolved all outstanding 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. between them and certain individuals, and have dismissed with prejudice their lawsuits pending in the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The consideration paid by Ampex Corporation under the Settlement Agreement is not material to Ampex's financial condition. Ampex Corporation, www.ampex.com, headquartered in Redwood City, is one of the world's leading innovators of technologies for the visual information age. Its iNEXTV subsidiary is the premier developer and netcaster of video for the Internet. The iNEXTV network of affiliated video websites currently includes: AENTV.com, one of the largest on-demand streaming video sites about the entertainment industry; EXBTV.com, a producer and netcaster of original Internet programming covering the executive branch of government; iSTYLEtv.com, a premier video-driven lifestyle website; TV onthe WEB.com, a leading provider of webcasting services; and TV1 Internet Television, one of Germany's top webcasters. In addition, iNEXTV operates the Internet Technology Group which is developing enhanced technology for Internet video. Ampex's two other wholly-owned subsidiaries, MicroNet Technology, Inc. and Ampex Data Systems Corporation, provide high-performance digital storage solutions for industry, entertainment and government applications. |
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