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Pastimes : Investment Chat Board Lawsuits

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To: Arcane Lore who wrote (1626)6/13/2001 9:09:16 PM
From: Arcane Lore  Read Replies (3) of 12465
 
Wednesday June 13, 2:42 pm Eastern Time

Press Release

Dauphin Filed Lawsuit Against Message Posters On RagingBull.com
PALATINE, Ill.--(BUSINESS WIRE)--June 13, 2001--Dauphin Technology, Inc. (OTC.BB: DNTK) announced today that it has initiated a lawsuit against certain posters on the Dauphin Technology message board operated by RagingBull.com, which is owned by CMGI and Alta Vista.

The complaint alleges that acts of defamation, intentional infliction of emotional distress, deceptive trade practices, and other related tortious acts were all committed by the defendants, in particular ``Nemesis10,'' in connection with their preparation, publication and dissemination by posting false and malicious statements concerning Dauphin's business, as well as Dauphin's CEO, Andrew Kandalepas.

Jerome Crotty of Rieck and Crotty, P.C., representing Dauphin Technology in the lawsuit stated, ``Dauphin will pursue all avenues to protect its interests and the reputations of its officers and directors defamed by such postings, as well as, to collect damages against those anonymous posters hiding behind the veil of the Internet.''

Dauphin Technology, Inc. a Palatine, Illinois based technology company with manufacturing facilities in McHenry, IL and engineering facilities in Schaumburg, Illinois, develops and markets hand-held tablet PC's and broadband communications products.

Certain matters discussed in this news release are forward-looking statements involving certain risks and uncertainties including, without limitations, changes in product demand, the availability of products, change in competition, economic conditions, various risks due to changes in market conditions and other risks detailed in the Company's Securities and Exchange Commission filings and reports.

--------------------------------------------------------------------------------
Contact:

Dauphin Technology, Inc. Palatine
Kathy Dimitropoulos, 847/358-4406 ext. 1217

biz.yahoo.com
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