URS Settles Claims With SoundBite for $4.6 Million - Chris Fernandez

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URS Settles Claims With SoundBite for $4.6 Million
Jun 26, 2008 02:10 PM UTC

Chris Fernandez

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Via Long Investment Ideas from Seeking Alpha:

SoundBite Logo It looks like there will be one less distraction for management at SoundBite Communications (NASDAQ: SDBT), a leading provider of on-demand customer contact solutions that include Automated Voice Messaging, Text Messaging, and other customer contact solutions.

After the market closed on June 25th, 2008, SoundBite announced that they reached a settlement agreement with Universal Recovery Systems, Inc. [URS], the owner of the Universal Systems Right Party Contact Solution, a patented approach to maximizing right party contacts.

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