“We are pleased both parties were able to look beyond the claims and allegations in this case to reach an amicable resolution,” said
The terms of the settlement include, among other things, a general release of all past and future claims between the parties arising out of the company’s acquisition of
The company does not anticipate any significant negative affect on sales or revenue.
“I am pleased that the company was able to see the benefit of an early settlement, bringing this matter to a quick and mutually beneficial conclusion. I bear the company no ill will and anticipate a successful ongoing relationship. I look forward to working with the new executive team to advance the interests of SIRC,” concluded
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