Edel SE & Co. KGaA

Legal Proceedings Report • Oct 10, 2001

News Details

Ad-hoc | 10 October 2001 20:05

edel music AG english

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Correction ad hoc release 9. October 2001 Yesterday’s ad hoc release incorrectly named Busi-ness Software Association as the plaintiff in the respective claim against optimal media production GmbH. Correct is that the companies Adobe Systems Inc., Auto-desk Inc., Corel Corporation, Microsoft Corporation and Symantec Corporation are the plaintiffs in this claim. For clarification reasons we also point out that the orders in question were third party orders. Please find below the corrected version: The companies Adobe Systems Inc., Autodesk Inc., Corel Corporation, Microsoft Corporation and Symantec Corporation have jointly filed a partial claim against opti-mal media production GmbH, a subsidiary of edel music AG, regarding alleged copy-right infringements. They claim damages of DEM 22 million, which they say have oc-curred in connection with third parties’ pressing orders fulfilled by optimal media pro-duction. The pressing orders in question had a total value of approximately DEM 66,000 (net). After careful evaluation by edel music AG’s lawyers in respect of the proceeding’s outcome, the company expects a dismissal of the suit. However, an estimated accrual will be set up as a precautionary measure. The management board Hamburg, October 10, 2001 Contact: edel music AG Investor Relations, Bärbel Tomas, Tel 040 / 890 85 225, Fax 040 / 890 85 310, Email Baerbel_Tomas@edel.com end of ad-hoc-announcement (c)DGAP 10.10.2001 ——————————————————————————– WKN: 564951; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg, München und Stuttgart 102005 Okt 01