Webtech Wireless - Brazilian Appeal Accepted
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/14/15 -- Webtech Wireless Inc. (TSX: WEW), a leading provider of GPS fleet management solutions, announces a judgement was issued by a Brazilian Court of Appeal in a lawsuit originally brought in 2008 by a former distributor, Crown Telecom ("Crown"). In the decision, the Court (i) held in favour of Webtech Wireless'' appeal; (ii) overturned the lower court''s judgment against Webtech Wireless; and (iii) rejected Crown''s appeal and dismissed their claim in its entirety. The Brazilian Court of Appeal''s decision was unanimous.
When available, the Company will review the Court''s written decision with its Brazilian legal counsel and will provide further details on the decision if necessary.
About Webtech Wireless®
Webtech Wireless (TSX: WEW) is a leader in providing fleet management telematics, GPS and automatic vehicle location (AVL) solutions that improve efficiency, accountability and reduce costs. Our end-to-end solutions automate record keeping and regulatory compliance, reduce fuel burn and idling, mitigate risk, and keep drivers safe. Managers trust us to ensure people are accountable and vehicles are visible. Through the cloud, in the office, or straight to mobile devices, we deliver Fleet Intelligence Anywhere™. Our solutions, Webtech Fleet Center™ and InterFleet®, and our products, Webtech Driver Center™ and Webtech 511®, provide advanced fleet management solutions for winter maintenance, public works and waste management fleets; and, for commercial fleet operations and compliance (HOS, ELD). Please visit .
All amounts in Canadian dollars (CAD$) unless otherwise noted. The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release. Trademarks are the property of their owners.
This News Release may contain forward-looking statements involving risks and uncertainties pertaining to, but not limited to, the Company''s ability to defend the lawsuit referenced above. Given the risks and uncertainties inherent in the subject matter of this News Release, the Company cannot guarantee that any forward-looking statements will be realized.
Contacts:
Webtech Wireless Inc.
Investor Relations
Trevor Greene
Chief Financial Officer
+1 604.628.5195
Webtech Wireless Inc.
Press and Media
Andrew Gutman
Chief Executive Officer
+1 604.434.7337
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Datum: 14.05.2015 - 13:50 Uhr
Sprache: Deutsch
News-ID 1359038
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