Carleton Corporation and Carleton Europe Settle Pending Litigation.MINNETONKA, Minn.--(BUSINESS WIRE)--March 26, 1999--(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 : CARL) Carleton Corporation and Carleton Europe N.V. announced today that a mutual settlement agreement regarding product rights was signed on March 19, 1999. The business resolution terminates all 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. and recognizes and acknowledges Carleton Corporation's exclusive rights in its Passport software and Carleton Europe, N.V.'s exclusive rights in its MetaSuite software. Each of the parties is free to own and commercialize independently and worldwide their respective products. In a joint statement, Robert Gordon For other uses of "Robert Gordon", see Robert Gordon (disambiguation). Robert Gordon (1668-1731), a 17th century merchant and philanthropist, was born in Aberdeen. He was the only son of Arthur Gordon who married Isabella Menzies of Balgownie. , Carleton's president and chief executive officer, and Rene De Vleeschauwer, President of Carleton Europe, said, "We are pleased that we have been able to resolve all outstanding disputes to our mutual satisfaction." Carleton Europe will also change its company name to MINERVA Software Minerva software - A company producing software for the Acorn Archimedes. http://zynet.co.uk/minerva/. . About Carleton Headquartered in Minnetonka, Minn., Carleton is the leader in customer data management solutions for customer relationship management and related analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. applications. Carleton Pure.View enables organizations to integrate and deliver customer data from across the enterprise for use in decision support systems and new front-office applications. Pure.View's Active Customer Data Management(TM) architecture provides the full range of customer data transformation, integration, and cleansing capabilities in an integrated, cost-effective solution. With Pure.View, organizations benefit by delivering their sales and marketing applications faster with higher quality customer data. For more information, call 800-328-3998, send e-mail to info@carleton.com, or visit Carleton's web site at http://www.carleton.com. About Carleton Europe, MINERVA Software Headquartered in Elewijt, Belgium, Carleton Europe is the leader in data extraction Data extraction is the act or process of retrieving (binary) data out of (usually unstructured or badly structured) data sources for further data processing or data storage (data migration). solutions. MetaSuite, our flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. enables organizations to match, merge and transform legacy data from across the enterprise for use in data warehousing See data warehouse. data warehousing - data warehouse and decision support systems .For more information, call 32 15 62 71 00, send e-mail to renedv@carleton.be, or visit our web site at http://www.metasuite.com. All brand names and products are trademarks or registered trademarks of their respective companies. NOTE TO EDITORS: The product name Pure.View(R) referred to in this news release, contains a bullet between Pure and View. This symbol may not appear properly in some systems. |
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