Celarix Settles Descartes Litigation.Business Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 3, 2002 Celarix, Inc., today announced that it has reached a settlement with Descartes Systems Group. In order to avoid costly and protracted pro·tract tr.v. pro·tract·ed, pro·tract·ing, pro·tracts 1. To draw out or lengthen in time; prolong: disputants who needlessly protracted the negotiations. 2. 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 unnecessary diversion of management, Celarix agreed to pay part of Descartes' legal fees and assume certain equitable remedies without admission of liability or wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do on the part of the Company or any of the individual defendants. Celarix Chief Executive Officer, Jim Daniell Jim Daniell (born March 10, 1918) was an American football player. He was elected to the College Football Hall of Fame in 1977. He played professionally for the Chicago Bears , commented: "We take any claims against the company seriously. We, however, do not routinely use litigation to settle business disputes and felt it better for us to pay a portion of Descartes legal fees, without any finding or admission of wrongdoing. We are an honorable and ethical company and have confidently entered into a permanent injunction permanent injunction n. a final order of a court that a person or entity refrain from certain activities permanently or take certain actions (usually to correct a nuisance) until completed. to reaffirm the non-disclosure and non-solicitation provisions of the Descartes employee agreement. With this lawsuit behind us we will focus on our business, building value for our customers with industry leading supply chain visibility and service contract automation solutions." About Celarix Based in Cambridge, Mass., Celarix (www.Celarix.com) is the leading provider of supply chain visibility and connectivity solutions for Global 2000 companies striving to realize performance improvements beyond the "four walls" of their enterprise. Celarix solutions enable customers, including Agilent Technologies This article 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. , Sharp Electronics, Lowe's, Abercrombie & Fitch, and ShopKo, to quickly realize new supply chain performance improvements through improved customer service, lower transportation costs, and faster cash-cash cycles. |
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