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23 Sep 2011 07:00
23 September 2011
KBC Advanced Technologies plc
("KBC" or "the Group")
Arbitration update
We have previously reported that an arbitration process had been commenced by a competitor alleging KBC was making unauthorised use of certain software code. We are pleased to announce that an award has now been made in favour of KBC which dismisses all the claims as unfounded.
-Ends-
KBC Advanced Technologies plc | |
George Bright, Chief Executive Nicholas Stone, Operations and Finance Director | 01932 236314
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Weber Shandwick Financial | |
Nick Oborne/Stephanie Badjonat | 020 7067 0700 |
Cenkos Securities plc | |
Jon Fitzpatrick Neil McDonald | 020 7397 8900 0131 220 6939 |
About KBC:
For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximising value from their assets.
In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritise and implement initiatives that maximise return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organisational and Environmental Solutions.
For more information, visit www.kbcat.com.
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