SPSS Inc. Settles Litigation
September 25 2009 - 4:30PM
Business Wire
SPSS Inc. (Nasdaq: SPSS) announced today it has reached a
settlement with Norman H. Nie regarding the previously disclosed
litigation involving the SPSS trademark currently pending in the
U.S. District Court for the Northern District of Illinois, as well
as the related litigation seeking indemnification and advancement
of expenses currently pending in the Delaware Chancery Court.
Terms of the settlement were not disclosed and the Company will
have no further comment on the issue.
About SPSS Inc.
SPSS Inc. is a leading global provider of Predictive Analytics
software and solutions. The Company’s complete portfolio of
Predictive Analytics Software
(PASW) products – data collection, statistics, modeling and
deployment – captures people’s attitudes and opinions, predicts
outcomes of future customer interactions, and then acts on these
insights by embedding analytics into business processes. SPSS
solutions address interconnected business objectives across an
entire organization by focusing on the convergence of analytics, IT
architecture and business process. Commercial, government and
academic customers worldwide rely on SPSS technology as a
competitive advantage in attracting, retaining and growing
customers, while reducing fraud and mitigating risk. Founded in
1968, SPSS is headquartered in Chicago, Illinois. For more
information, please visit www.spss.com.
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