Business Objects Announces Dismissal of MicroStrategy's Tortious Interference Claim.Business Editors/High-Tech Writers SAN JOSE, Calif. & PARIS--(BUSINESS WIRE)--Oct. 31, 2003 Business Objects S.A. (Nasdaq:BOBJ BOBJ Business Objects SA ) (Euronext Paris: ISIN code FR0004026250 - BOB), the world's leading provider of business intelligence solutions, today announced that the United States District Court for the Eastern District of Virginia The United States District Court for the Eastern District of Virginia is one of two United States district courts serving the Commonwealth of Virginia. History During the 1960s, Judge Albert V. Bryan Jr. issued a ruling in favor of Business Objects granting its motion for judgment as a matter of law Judgment as a matter of law (JMOL) is a motion made by a party, during trial, claiming the opposing party has insufficient evidence to reasonably support its case. JMOL is similar to summary judgment, which is a motion made before trial. in the case of MicroStrategy, Inc. ("MicroStrategy") v. Business Objects S.A. and Business Objects Americas (collectively "Business Objects"). On October 28, the Court granted judgment as a matter of law in favor of Business Objects, and dismissed the jury trial, on MicroStrategy's allegations that Business Objects tortiously interfered with certain employment agreements between MicroStrategy and its ex-employees. At this time, the Court has yet to decide MicroStrategy's remaining claim that Business Objects misappropriated mis·ap·pro·pri·ate tr.v. mis·ap·pro·pri·at·ed, mis·ap·pro·pri·at·ing, mis·ap·pro·pri·ates 1. a. To appropriate wrongly: misappropriating the theories of social science. its trade secrets. The Court has previously ruled that MicroStrategy is not entitled to monetary damages on its misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any of trade secrets claim. About Business Objects Business Objects is the world's leading provider of enterprise business intelligence solutions. Business Objects enables organizations to track, understand, and manage enterprise performance. The company's solutions leverage the information that is stored in an array of corporate databases, enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ), and customer relationship management (CRM) systems. Popular uses of business intelligence include management dashboards and scorecards, enterprise performance management applications, customer intelligence applications, enterprise reporting, financial reporting, and both customer and partner extranets. These solutions enable companies to gain visibility into their business, acquire and retain profitable customers, reduce costs, optimize the supply chain, increase productivity and improve financial performance. Business Objects provides the industry's most integrated business intelligence suite, called BusinessObjects Enterprise 6. This suite includes the industry's best web query, reporting, and analysis; the most advanced and complete suite of analytic applications; and the best connectivity to packaged applications. Business Objects has more than 18,000 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (ISIN: FR0004026250 - BOB). It is included in the SBF 120 and IT CAC See Consumer Advisory Council. 50 French stock market indexes. Business Objects can be reached at 408-953-6000 and www.businessobjects.com. BusinessObjects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated. |
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