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BRIEF-TMS Announces Settlement Of Virginia Litigation

Published 2018-06-20, 07:17 p/m
Updated 2018-06-20, 07:20 p/m
BRIEF-TMS Announces Settlement Of Virginia Litigation

June 20 (Reuters) - Targeted Microwave Solutions Inc TMS.V :

* TMS ANNOUNCES SETTLEMENT OF VIRGINIA LITIGATION

* TARGETED MICROWAVE SOLUTIONS SAYS ENTERED INTO RELEASE AGREEMENT WITH BROZ & ROBINSON LLC

* TARGETED MICROWAVE SOLUTIONS INC - RELEASE AGREEMENT RELATING TO DISPUTE ARISING FROM CO'S PREVIOUS CONSULTING AGREEMENT WITH BRC

* TARGETED MICROWAVE SOLUTIONS INC - BRC & CO RELEASED EACH OTHER FROM OBLIGATIONS & LIABILITIES RELATING TO TMS'S PREVIOUS CONSULTING DEAL WITH BRC

* TARGETED MICROWAVE SOLUTIONS INC - CO AGREED TO TRANSFER TITLE OF KING WILLIAM RESEARCH PLANT & EQUIPMENT TO VIRGINIA LANDLORDS

* TARGETED MICROWAVE SOLUTIONS INC - ENTERED INTO VIRGINIA LEASE SETTLEMENT AGREEMENT WITH DAVID ROBINSON JR. AND MIKE BROZ

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