Remote Dynamics Inc (RMTD)

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WHAT DO U SAT ABOUT THAT:
22-May-2009

Other Events



Item 8.01. Other Events
On May 19, 2009, Teletouch Communications, Inc. filed a notice of non-suit without prejudice in connection with its lawsuit against the Company alleging the Company was liable for payment of a $5.8 million default judgment obtained by Teletouch against DataLogic International, Inc. (Teletouch Communications, Inc. dba Teletouch v. Remote Dynamics, Inc., Collin County, Texas District Court). As a result, the lawsuit against the Company is no longer pending. Although Teletouch is not precluded from bringing suit at a later date, the Company believes that Teletouch's claims are without merit.