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COMPAQ AND DELL SETTLE LAWSUITS

 COMPAQ AND DELL SETTLE LAWSUITS
 HOUSTON, Feb. 10 /PRNewswire/ -- Compaq Computer Corporation


(NYSE: CPQ) and Dell Computer Corporation (NASDAQ: DELL) announced that they have reached a worldwide settlement of all pending litigation. Compaq had sued Dell and Dell's advertising agency, Goldberg Moser O'Neill (GMO), over advertisements published in the United States and United Kingdom, claiming that the ads were false and misleading. Dell had filed counterclaims against Compaq and The Ogilvy Group, Compaq's advertising agency. The settlement results in dismissal of all claims by all parties involved in the litigation.
 The settlement involves no final adjudication by the courts nor any admission of wrongdoing by any party. However, Dell agreed to the entry of consent decrees in the United States and United Kingdom prohibiting violation of applicable laws in any future Dell advertising that refers to Compaq.
 The settlee?nt also includes a cash payment from Dell to Compaq. The parties have agreed not to disclose the amount. However, the settlement will not have a material effect on the financial statements of any of the parties.
 As part of the settlement terms, all parties have agreed not to comment further on any aspect of the litigation.
 Compaq Computer Corporation is a world leader in the manufacture of PC systems and desktop, portable, laptop and notebook personal computers. COMPAQ products are sold and serviced in more than 69 countries through a variety of dealers, systems integrators, Value Added Resellers and distributors.
 Founded in February 1982, Compaq ranks No. 377 in the "Global Fortune 500" in Fortune Magazine's 1991 listing of the world's largest companies. In the 1991 U.S. Fortune 500, Compaq ranks No. 136.
 ---
 NOTE: COMPAQ, Registered U.S. Patent and Trademark Office.
 -0- 2/10/92
 /CONTACT: Bob Beach of Compaq Computer Corporation, 713-374-1560; or Tony Sapienza of Miller Communications, 617-536-0470, for Compaq/
 (CPQ DELL) CO: Compaq Computer Corporation; Dell Computer Corporation ST: Texas IN: CPR SU:


SH -- NE022 -- 8354 02/10/92 13:59 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 10, 1992
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