Rod The Mod, Your wish may have come true!
DIRECTOR'S LAWSUIT AGAINST INPRISE CORPORATION DISMISSED
8/30/99 6:00:29 AM
SCOTTS VALLEY, Calif., Aug 30, 1999 /PRNewswire via COMTEX/ -- Inprise
Corporation Inc. (Nasdaq: INPR) announced today that C. Robert Coates,
who recently joined Inprise's Board of Directors, voluntarily dismissed
his lawsuit in Delaware Chancery Court against the Company and other
directors challenging the validity of certain policies and procedures
recently adopted by the Board. The Company stated at the time the
lawsuit was filed that it believed the lawsuit was frivolous and
entirely without merit.
(Photo: newscom.com ) "Moving
forward, we hope that Mr. Coates will work constructively with the
other Board members in their efforts to enhance shareholder value,"
said Dale Fuller, interim president and CEO of Inprise Corporation.
About Inprise Corporation Inprise Corporation is a leading provider of
Internet-enabling software and services designed to simplify the
complexity of application development for corporations and individual
programmers. Inprise delivers integrated, scalable and secure
mission-critical solutions, distinguished for their ease of use,
performance and productivity. Committed to open platforms, Inprise
continues its tradition of service and support for the millions of
software developers around the world through its online developer
community and E-commerce site -- www.borland.com -- providing a range
of technical information, value-add services and third-party products.
Founded in 1983, Inprise is headquartered in Scotts Valley, California,
with operations worldwide. To learn more, visit us at
inprise.com .
SOURCE Inprise Corporation, Inc.
(C) 1999 PR Newswire. All rights reserve
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