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Technology Stocks : Adaptec (ADPT)
ADPT 14.88-0.5%11:45 AM EST

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To: Doug who wrote (2122)5/12/1998 9:13:00 PM
From: Investor2   of 5944
 
Tuesday May 12, 6:46 pm Eastern Time
Company Press Release
Prassi Software Counter-Sues Adaptec
SAN JOSE, Calif.--(BUSINESS WIRE)--May 12, 1998--Prassi Software USA Inc. today announced the filing of a counter-claim against Adaptec Inc [Nasdaq:ADPT - news].

Thomas Shea and David Ulmer individually, both of whom are employed by Adaptec, were also named in the counter-claim.

The counter-claim was filed in the United States District Court for the Northern District of California and alleges claims for violations of the Sherman Act and of the Lanham Act, Intentional and Negligent Interference with Prospective Economic Advantage, Declaratory Judgement and Unfair Competition. The action was brought to recover damages, declaratory injunction relief.

Prassi continues to believe in the free enterprise system and remains committed to providing all current and new customers with the widest range of software product choices in CD-R, CD-RW and DVD technologies. Prassi is grateful to its loyal customers and continues to ship all its products worldwide. If you have any comments, please feel free to forward them to freedom@prassi.com.

About Prassi

Prassi Software USA is committed to providing innovative, practical and quality software solutions for professional and consumer CD and DVD recording through its OEM, VAR and distribution partners.

Best wishes,

I2
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