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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Randy McWilliams who wrote (137)1/24/1997 10:57:00 AM
From: Gerald Thomas   of 782
 
10:33 Projectavision Says Court OKs Receiver For Suing Ex-Officer

NEW YORK (Dow Jones)--Projectavision Inc. (PJTV) said Friday a New York
court authorized the appointment of a temporary receiver to safeguard whatever
interests, if any, a former officer may have in certain of the company's
patents.
In a press release, the company said its plans to launch its Digital Home
Theatre during the first quarter remain unaffected by the recent decision in
ongoing litigation with Dolgoff.
The company said the Digital Home Theatre, which it developed after
Dolgoff's termination, isn't a subject of the Dolgoff lawsuit and is expected
to be outside the purview of the temporary receiver.
(END) DOW JONES NEWS 01-24-97
10:33 AM
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