Myriad Group AG Announces legal settlement with Oracle America Inc. Montag, 22. September 2014 - 07:29
ZURICH, Switzerland – 22nd September 2014 – Myriad Group AG (SIX Swiss Exchange: MYRN) and Oracle America (NYSE: ORCL) announce today that they have amicably resolved the litigation between them. The terms of the settlement are confidential.
About Myriad
Myriad delivers consumer applications, messaging solutions, and embedded software to leading OEMs, mobile operators, and pay TV providers worldwide.
Our messaging services deliver instant messaging and social networking to tens of millions of users in Latin America, Asia and Africa. Working with some of the world’s most successful mobile phone operators, Myriad’s market leading chat application, msngr, enables consumers to connect to friends and family for free across feature phones as well as smartphones. Our Updates service, provided over USSD through our collaboration with Facebook, Twitter and Yahoo! enables users without data plans to connect to the social networks, chat and news services they want to reach in a simple and affordable way. In many cases, Myriad’s services are providing users with their first experience of the Internet.
Our market proven and innovative connected home solutions are found in billions of mobile phones and tens of millions of set-top boxes and Blu-ray players.
We operate worldwide, with offices in Switzerland, UK, France, USA, Mexico, India, UAE, China, Japan. Headquartered in Zurich, Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).
For more information please visit our website: www.myriadgroup.com. You can also follow us on twitter @MyriadGroup.
Contact
Peter McCormack
Myriad Investor Relations
Tel: +44 161 817 8075