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MicroTouch will restate its financial statements for 1995 and for the first three quarters of 1996 in order to account for arbitration costs incurred in a battle with Nissha Printing, the company's former distributor. Net income for 1995 will be reduced to $1.7 million (from $2.3 million) and for the first three quarters of 1996 to $3.8 million (from $4.4 million). MicroTouch has alleged that Nissha violated provisions of their distribution agreement; the arbitration concluded in the third quarter of 1996 but a decision has yet to be announced.