SCOTTS VALLEY, Calif. --February 14, 1997-- Borland International Inc. (Nasdaq: BORL) and Symantec Corp. (Nasdaq: SYMC) announced today that they have settled the trade secret lawsuit that Borland brought against Symantec, its President and Chief Executive Officer Gordon Eubanks and its former Executive Vice President Eugene Wang in September 1992. The parties agreed to a dismissal of the lawsuit and related counterclaims and have entered into mutual releases of all claims relating to the lawsuit.
Symantec Corporation develops, markets, and supports a complete line of application and system software products designed to enhance individual and workgroup productivity as well as manage networked computing environments. Platforms supported include IBM personal computers and compatibles, Apple Macintosh computers as well as all major network operating systems. Founded in 1982, the company's global operations span North America, Europe and several fast growing markets throughout Asia Pacific and Latin America. Information on the company and its products can be obtained by calling (800) 441-7234 toll free or (541) 334-6054 or on the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's website.
Borland: Making Development Easier
Borland International Inc. (Nasdaq: BORL) is a leading provider of high-quality software products for software application developers worldwide. Borland is distinguished for its award-winning family of rapid application development tools and scalable middleware technology for desktop, client/server, intranet/Internet, and enterprise systems. The Company's products are supported through comprehensive corporate and independent developer programs, value added resellers and systems integrators. Founded in 1983, Borland is headquartered in Scotts Valley, California. For more information on Borland, customers can visit Borland Online at http://www.borland.com.