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Matrox Lawsuit
On February 22, 2000, Graphiques Matrox, Inc. and Systemes Electroniques Matrox Ltd.(collectively "Matrox") filed suit against the Company in the Superior Court, Judicial District of Montreal, Province of Quebec, Canada. The suit alleged that the Company improperly solicited and recruited Matrox employees and encouraged Matrox employees to breach their Matrox confidentiality and/or non-competition agreements. The suit by Matrox sought, among other things, certain injunctive relief. The trial of this matter occurred during April 2001. On July 12, 2001, the court issued its ruling in favor of the Company and dismissed all of Matrox's claims. Matrox has not appealed this ruling and the time for appeal passed on August 13, 2001.
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