Arbor Software Sues Comshare; Alleges Underpayment Of Royalties.SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 2, 1996--Arbor(R) Software Corporation, a leading provider of client/server software for business planning, analysis and management reporting, announced today that it has filed a lawsuit against Comshare, Incorporated of Ann Arbor, Mich. Comshare has distributed Arbor's products since early 1994. Arbor's complaint, filed in the United States District Court for the Northern District of California The United States District Court for the Northern District of California is the Federal district court whose jurisdiction comprises following counties: Alameda, Contra Costa, Del Norte, Humboldt, Lake, Marin, Mendocino, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa , alleges that Comshare has committed acts of fraud and breach of contract , requests damages and fees, and seeks injunctive relief injunctive relief n. a court-ordered act or prohibition against an act or condition which has been requested, and sometimes granted, in a petition to the court for an injunction. preventing Comshare from future distribution of Arbor's products, specifically its flagship product Essbase(R), a multidimensional database server used for on-line analytical processing (database) On-Line Analytical Processing - (OLAP) A category of database software which provides an interface such that users can transform or limit raw data according to user-defined or pre-defined functions, and quickly and interactively examine the results in various dimensions applications. Arbor and Comshare entered into a license agreement on Dec. 23, 1993. The terms of that agreement permitted Comshare to distribute various versions of Essbase in return for different levels of royalties. Arbor believes that Comshare has systematically underpaid or failed to report royalties due under the agreement. "We are deeply disappointed that Comshare's business practices have forced us to take this action," said Jim Dorrian, 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. of Arbor Software. "Our focus now is to ensure that those organizations which licensed Essbase from Comshare and its distributors receive accurate information, timely product updates and quality technical support." Arbor will continue to provide information, technical support and product updates to Comshare so that it can fulfill its service commitments to its Essbase customers. However, those organizations that are concerned about licensing, long-term service or support issues may contact Arbor directly regarding various customer programs available from Arbor. To ensure that all Essbase customers are provided accurate and timely information about their service and support options, Arbor has established a dedicated customer communication program that can be accessed via telephone 800/297-8950 or the World Wide Web at http://www.safehaven.arborsoft.com. Customers and Partners in the U.K., Benelux, Scandinavia, Ireland, The Middle East and Africa should call +44 118 989 6000. Those in France, Italy, Spain and Portugal should call +33 1 4716 6091, and those in Germany, Austria, Switzerland and Eastern Europe should call +49 40 3200 5231. About Arbor Software Arbor Software Corporation (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 :ARSW ARSW Annual Report of the Secretary of War ) develops and markets client/server software for business planning, analysis and management reporting. Arbor's products are used by more than 800 corporations spanning a broad range of industries and business applications including Bank of Boston, Fidelity, Los Angeles Times Los Angeles Times Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name). , Neutrogena, Pennzoil, PEPSICO, Prudential and Sears. Arbor has over 100 application, services, tools and platform partners, including Fujitsu, Hewlett-Packard, IBM and Microsoft See Microsoft and IBM. . Arbor's products are sold direct, as well as through system integrators and VARs worldwide. Arbor's offices are located in Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, 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 , Sunnyvale, Washington D.C., Hamburg, London, Paris and Sydney. More information on Arbor products and services can be found on Arbor's World Wide Web (WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. ) site at http://www.arborsoft.com. -0- Note to Editors: Arbor and Essbase are registered trademarks of Arbor Software Corporation. Any other company names may be trademarks or registered trademarks of their respective companies. Press and analyst inquires on this matter can be directed to Joanna McMillan, Arbor Software Public Relations, at 408/541-4035. Investor inquiries can be directed to Rick Morris, Investor Relations, at 408/473-9242. CONTACT: Arbor Software Joanna McMillan, 408/541-4035 jmcmillan@arborsoft.com |
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