GREY:WEWWF - Post by User
Post by
randemanon May 14, 2015 5:27pm
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Post# 23730269
Webtech Wins Brazil Suit
Webtech Wins Brazil Suit
Last link no good? VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2015) - Webtech Wireless Inc. (WEW.TO), 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.