Graphisoft N.V.
Graphisoft N.V. english
Graphisoft settled all of its pending lawsuits
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Graphisoft settled all of its pending lawsuits
Following the settlement of its Budapest lawsuit on January 22nd, Graphisoft
announces today that its other pending litigation has been settled as well. The
lawsuit in the San Francisco district court has been initiated by the landlord
of the Company’s office in San Francisco, as a result of the early termination
of the lease agreement subsequent to the consolidation of Graphisoft’s
subsidiaries in San Francisco and Boston at the end of 2001. According to the
settlement agreement, Graphisoft paid 170 thousand USD to satisfy all of the
plaintiff’s demands. The settlement does not influence Graphisoft’s financial
results materially, because the Company has already made a provision in 2001 for
a substantial portion of the liability.
end of ad-hoc-announcement (c)DGAP 03.02.2003
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WKN: 913585; ISIN: NL0000200525; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin,
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
031501 Feb 03
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