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Coldwall, Inc. Settles Legal Proceeding.


FLORHAM PARK, N.J. -- The directors of Coldwall, Inc. (Pink Sheets: CDWL) announce that the legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies.  between the company and Robert Dale Lieutenant Robert Dale (1812–20 July 18531) was the first European explorer to cross the Darling Range in Western Australia.

Robert Dale was born in England in October 1812.
, former 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. , and David Dale This article is about David Dale. For other uses, see David Dale (author).
David Dale (1739 – 1806) was a Scottish merchant and businessman, famous for establishing the influential weaving community of New Lanark.
, former vice-president of Technical Services, has been settled and that Robert and David have resumed their relationship with the company in a consulting capacity. Robert will provide technical support for Coldwall's sales force as well as oversee the company's research and development initiatives. David will also provide technical support and play a key role in the company's research and development initiatives.

Certain statements in these news releases may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 created by those rules. All statements other than statements of fact, included in this release, are forward-looking statements that involve risks and uncertainties.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 17, 2006
Words:153
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