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To: esecurities(tm) who wrote (835)12/11/1997 12:42:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
REUTERS on LHSPF BREACH OF CONTRACT.

Lernout & Hauspie Speech Products (LHSPF) Softquad International Inc. (SWEBF)

"...Alpha Software Corporation, a subsidiary of SOFTQUAD INTERNATIONAL INC, announced it has filed a legal action against Kurzweil, Inc. (formerly Kurzweil Applied Intelligence, Inc.), a division of LERNOUT & HAUSPIE SPEECH PRODUCTS, seeking an estimated $9 to $12 million in damages for breach of contract, plus consequential and other damages. Alpha Software's claim is based upon Kurzweil's violation of Alpha Software's contractual right of first refusal for exclusive distribution rights, in the United States and Canada, to
Kurzweil's forthcoming line of continuous voice recognition software products..."
(Reuters 10:09 AM ET 12/10/97)

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