Analytical Surveys, Inc.
Prevailed in Arbitration
http://www.anlt.com
Analytical Surveys, Inc.
prevailed in an arbitration, first brought against the Company on
June 26, 2002, by two former owners of Cartotech, Inc. Cartotech merged with
ASI in 1998. The former owners, the Epner Family Limited Partnership and the
Braverman Family Limited Partnership (together the “Claimants”), alleged that certain representations and warranties made by the Company in the merger agreement were false. The Claimants alleged that the financial condition of
the Company was worse than depicted in its year-end financial statements for
1997 and the unaudited reports for the first two quarters of fiscal 1998. A three–member panel of the American Arbitration Association conducted a
four–day, evidentiary hearing in the matter between October 28 and 31, 2003, and issued its decision on December 17, 2003. The panel concluded that the
Claimants failed to prove to the satisfaction of the panel that ASI breached
any of its representations and warranties or that ASI made material
misrepresentations in connection with the publicly filed financial statements
issued prior to the closing date of the merger. The panel awarded nothing to
the Claimants and ordered each side to bear its own attorneys’ fees.
ESRI Business Information Solutions Web Site Gets a New Name
http://www.esribis.com/businessanalystonline
ESRI Business Information Solutions (ESRI BIS), a
division of ESRI, announced Business Analyst Online, an updated and
renamed version of its Web site. Business Analyst Online is a one–stop shop
for businesses and marketing professionals seeking marketing information
applications. Business Analyst Online combines geographic information system
(GIS) technology with extensive business, demographic, and consumer
household data to deliver Web capabilities previously available only through
ESRI’s Business Analyst desktop software.
ArcWeb for Developers Now Includes Many New Data Sources
http://www.esri.com/arcwebdev
ESRI announced the inclusion of several new data sources in
ArcWeb for Developers. Subscribers to ArcWeb for Developers now can obtain
instant access via the Web to real time traffic information from
TrafficCast, current weather from Meteorlogix, recent earthquakes from the
U.S. Geological Survey, and much more. ArcWeb for Developers offers the
ability to perform routing and geocoding on Tele Atlas MultiNet™ street
data for the U.S. in addition to existing routing capabilities on GDT
Dynamap/2000 and Tele Atlas MultiNet™ street data for Europe.
AEP Says Nuclear Plant Unit Briefly in Emergency
plan.
http://www.aep.com/
American Electric Power Co. (AEP) said a unit at its Cook Nuclear
Plant, located along Lake Michigan’s eastern shoreline, briefly entered into
an emergency plan on Friday, December 19, 2003 following an internal filter leak.
The company said in a release that an “unusual event,” the lowest
classification level, was declared for about 90 minutes until the filter was
bypassed and the leak isolated. AEP said a leak Friday evening in a filter
for a system that supplies water to the reactor coolant pump seals at its
Cook Nuclear Plant Unit 2 caused a brief entry into the plant’s emergency
plan. AEP said the unit was at 100 percent power when the 30
gallon–per–minute leak was found and power was not reduced. The company said no radioactive water was released from the system or to the atmosphere, and its Cook Unit 1 was not affected and remains at full power.
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