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Article: FutureLogic to Vigorously Contest TransAct Lawsuit.
- Article from:
- Business Wire
- Article date:
- May 2, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GLENDALE, Calif. -- FutureLogic, Inc., a leading manufacturer of thermal printers for the gaming, parking, POS, medical and agricultural industries, responded today to the lawsuit filed earlier by TransAct Technologies Incorporated, stating that all charges and claims in TransAct's complaint are completely groundless.
"Our analysis of the claims leads FutureLogic to believe that the TransAct lawsuit was filed for tactical reasons. We believe TransAct's substantive legal claims will not prevail, although it comes as no surprise to find FutureLogic -- the industry leader -- the target of a meritless lawsuit, given the mounting pressure in the increasingly ...