Court Approves Settlement Between NVID International Inc. and SEC.CLEARWATER, Fla.--(BUSINESS WIRE)--Aug. 14, 1998--NVID International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:NVID NVID Normal Video ) announced Friday that the consent order and final judgment encompassing the terms of the settlement agreement between NVID and the Securities & Exchange Commission (SEC) has been approved by Judge Henry Lee Adams Lee Adams (born August 14, 1924) is a Tony Award-winning American lyricist best known for his musical theatre collaboration with Charles Strouse. Born in Mansfield, Ohio, Adams received his Bachelor of Arts degree from Ohio State University and a Master's from Columbia , Jr. in Tampa, Fla. As part of the settlement with the SEC, NVID will issue a press release subject to the SEC approval, regarding the current status of AXEN. David Larson, president of NVID stated: "I am delighted for all the shareholders of NVID who have stuck by the company over the last year and three months. We can now focus on our relationship with EHPC EHPC Environmental Health Policy Committee Ltd. London, England to introduce and distribute a new generation of ionization ionization: see ion. ionization Process by which electrically neutral atoms or molecules are converted to electrically charged atoms or molecules (ions) by the removal or addition of negatively charged electrons. equipment in North America." This press release contains certain forward-looking statements with respect to the future activities of the company. These forward-looking statements by their very nature involve risks and uncertainties. As indicated in prior releases, NVID has limited financial resources. NVID International Inc. and Aqua Bio Technologies, Inc. can be reached by e-mail at: aquasave@aquabiotech.com. CONTACT: NVID International Inc. Corporate Office 813/669-5005, (Fax) 813/669-4701 or Sales Office 941/312-9100, (Fax) 941/312-9300 |
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