Santa Barbara, CA. February 5, 1999
. Green Hills Software, Inc., announces that a panel of arbitrators has ordered Integrated Systems, Inc., (ISI) to pay Green Hills $3.4 million in damages caused by ISI's breach of a VAR Agreement between the two companies.
According to the arbitrators, ISI had an obligation to promote Green Hills products ahead of any competitors' products. While ISI agreed to do this, in exchange for substantial discounts, they failed to live up to their obligations.
"We're pleased that the arbitrators saw the overwhelming evidence of ISI's failure to promote Green Hills products, understood our claims, and decided to hold ISI accountable," said Dan O'Dowd, Green Hills President. "Their substantial award is proof that we were well justified in bringing this action against ISI."
ISI claimed that Green Hills did not provide adequate product support to ISI, justifying ISI's adoption of other products. The arbitrators ruled otherwise. "The evidence proves the contrary," stated the ruling, in response to ISI's claim. As a result, Green Hills was completely vindicated in its performance of technical support to ISI.
ISI's request to terminate the agreement was granted by the arbitrators. Termination of the agreement means that ISI will no longer be able to sell Green Hills products, and will no longer be able to send Green Hills updates to existing ISI customers. "Green Hills always wanted to continue the agreement," said O'Dowd. "We opposed its termination because of the negative impact this would have on customers."
More on Green Hills Software
Incorporated in 1982, Green Hills Software, Inc., is a leading supplier of software development tools for 32- and 64-bit embedded systems. Green Hills offers a family of optimizing C, C++, Embedded C++, Ada 95, FORTRAN and Pascal compilers. The company's unique MULTI® software development environment automates the compile-edit-build-debug cycle by integrating advanced facilities such as an RTOS-aware source-level debugger, performance profiler, program builder and version control system.
Green Hills Software's tools support all major 32-bit and 64-bit advanced microprocessor families and target environments, including instruction set simulators, ROM Monitors, commercial and home grown real-time operating systems (RTOS) and in-circuit emulators (ICE).
Green Hills Software is headquartered in Santa Barbara, CA., and has US offices in California, Colorado, Illinois, Massachusetts, North Carolina, Pennsylvania, Texas, and Florida. International headquarters are located in the United Kingdom, with offices in France, Germany, and The Netherlands. For sales information on Green Hills Software's products, please call 1-805-965-6044 or email inquiries to sales@ghs.com.
|
RSS
