BRIO INDUSTRIES COMMENCES PROCEEDINGS AGAINST CLEARLY CANADIAN BEVERAGE CORPORATION.VANCOUVER, British Columbia--(BUSINESS WIRE)--June 7, 1995-- Clearly Canadian This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Beverage Corporation (the "Company") announces that proceedings have been commenced, by way of petition, against it and its directors by Brio (Brio Technology, Palo Alto, CA, www.brio.com) A software company founded in 1989 and acquired by Hyperion Solutions Corporation in 2003 that specialized in enterprise analysis and reporting programs that run on several platforms. Industries Inc., Gunnar J. Vogel and Steven Johnston (the "Petitioners") alleging among other things that the directors are exercising their powers in a manner which is oppressive to the Petitioners and other shareholders. Brio Industries and Mr. Vogel are well known to the Company based on previous proceedings involving them and the Company. The Company and its directors will, accordingly, vigorously defend these proceedings which are, in their view, frivolous. ON BEHALF OF THE BOARD OF DIRECTORS BRUCE E. MORLEY VICE PRESIDENT, LEGAL SERVICES legal services n. the work performed by a lawyer for a client. Clearly Canadian Beverage Corporation is the registered holder of the trademark "Clearly Canadian". Clearly Canadian Beverage Corporation, and its wholly owned international subsidiary, Clearly Canadian Beverage (International) Corporation, produce, distribute, and market CLEARLY CANADIAN(R), CLEARLY TEA(TM), and CLEARLY 2(TM), a line of flavoured adj. 1. same as flavored; - of foods. and unflavoured water beverages. Through distribution and/or licensing agreements, CLEARLY CANADIAN(R) is sold throughout 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. , Canada, Japan, the United Kingdom, the Republic of Ireland, the Caribbean and other countries worldwide. -0- Note to Editors: The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Clearly Canadian Beverage Corp. Bruce E. Morley, 604/683-0312 or 604/683-2256 (Fax) |
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