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July 28, 1988

SOFTWARE LABORATORIES AND PRECISION REACH SETTLEMENT IN UNIGEM DISPUTE

By CBR Staff Writer

In an out of court settlement, UK software distributor Precision Software Ltd of Worcester Park, Surrey, has resolved its copyright dispute with the developers of the Unigem real time accounting package, Software Laboratories of Bray in Co Wicklow, Ireland. Precision began proceedings against Software Labs back in March, following a number of large OEM deals for the package in Europe and Australia, including a UKP17m contract from NEC in Australia. Precision claimed that it had carried out some of the original development work on Unigem, and had sub-contracted development work to Software Labs whilst retaining product rights. But following discussions between the parties, an agreement was signed on Monday giving recognition to the important part that Precision played in the early days of the development of the product, according to a statement issued by Software Labs. The agreement awards an undisclosed settlement to Precision Software, and allows Software Labs the unencumbered ability to further develop, market and sell Unigem.

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