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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Centurion Ele | LSE:CUC | London | Ordinary Share | GB00B15DYP39 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.24 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0200Q Designer Vision Group PLC 12 August 2005 Press Release 12 August 2005 Designer Vision Group Plc ("Designer Vision" or the "Company") Settlement with Centurion Electronics plc ("Centurion") Further to the announcement made on 4 March 2005, Designer Vision, the in-car audio-visual entertainment systems specialist, today announces that the Company has agreed to a confidential out of court settlement with Centurion regarding the alleged misuse of confidential information and the alleged infringement of the Company's UK and European design rights. Andrew Mintern, Finance Director of Designer Vision, said: "We are extremely pleased that a settlement has been reached without the need to continue a lengthy and expensive legal process." Chris Rhodes, CEO of Centurion, said: "I am very happy with the settlement and that this dispute was resolved on an amicable and sensible basis." - Ends - For further information, please contact: Designer Vision Group Plc Andrew Mintern, Finance Director Tel: +44 (0) 20 8200 1515 andy@designervision.co.uk www.designervision.co.uk Media enquiries Abchurch Henry Harrison-Topham / Chris Lane Tel: +44 (0) 20 7398 7700 chris.lane@abchurch-group.com www.abchurch-group.com Notes to Editors: Designer Vision Group PLC came to the AIM market in August 2003 and has developed a number of multi-media systems, including rear seat DVD systems, for the car market. The Company has secured a number of high-profile OEM contracts to supply leading motor manufactures within the UK including BMW, Ford, Jaguar, Nissan and Volvo. Following the acquisition of Tech Trade Limited in February 2005, Designer Vision has also established a strong presence in the audio-visual retail market, selling portable DVD's and MP3 players to customers such as Toys R Us and Virgin Megastores. This information is provided by RNS The company news service from the London Stock Exchange END MSCPBMFTMMBBBPA
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