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Compaq and RLX Technologies Settle Legal Dispute
HOUSTON, April 16, 2001
Compaq Computer Corp. (NYSE: CPQ) and RLX Technologies Inc. today announced that they have resolved all legal issues regarding the suit Compaq filed against RLX in Harris County, Texas, in February 2001 alleging misappropriation of trade secrets, propriety information and unfair competition. As a result of the two companies agreeing to settle out of court, the case has been dismissed by the Harris County Court.
The terms of the settlement agreement between the companies are confidential and will not be disclosed.
About RLX Technologies
Headquartered in the Woodlands, Texas, RLX Technologies is developing a new class of server products that will dramatically recast the dynamics of the server marketplace. The technology advances of Razor's unique patented design and engineering features break new ground in addressing the economic challenges faced by Internet Data Center customers, including: space, power consumption, heat, reliability, deployment time and capital utilization. For information about RLX Technologies, check out the Web site at www.rlxtechnologies.com.
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