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Technology Stocks : CustomTracks Corporation (CUST)

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To: Rajiv who wrote (680)6/9/1999 8:58:00 AM
From: Rajiv  Read Replies (1) of 2514
 
Critical Path says CustomTracks ends lawsuit
SAN FRANCISCO, June 9 (Reuters) - E-mail service provider Critical Path Inc. (Nasdaq:CPTH - news) said Wednesday that CustomTracks (Nasdaq:CUST - news) has agreed to dismiss its trade secrets lawsuit against Critical Path.

The suit, originally filed on May 27, alleged misappropriation of trade secrets and breach of a non-disclosure agreement between the companies.

CustomTracks, which is developing an Internet transaction system, said at the time that the suit related to its digital signature and encryption technology.

Critical Path gave no further details on the dismissal of the lawsuit.

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