DANE-ELEC Memory, manufacturer and distributor of digital products (Dram memory chips, storage and hand-held products) is pleased to announce that it has received the settlement due in lieu of the DRAM ANTITRUST LITIGATION class action in which the group was a defendant.
The total sum paid amounts to US$ 14.0 million (approximately ¤ 9.5 million) before costs linked to the proceedings (audit, etc.) and taxes.
Next publication : 2009 revenues on Tuesday 26 January after the close of trading .
About DANE-ELEC Memory
Founded in France in 1985 by David Haccoun and Nessim Bodokh, Dane-Elec Memory is an international company headquartered near Paris. The company specializes in the manufacture and distribution of digital products: Dram memories and storage and hand-held products.
Since it was founded, the group has seen steady growth and is a European leader in its sector. As a global player, Dane-Elec Memory operates in Europe, the United States, Asia, and the Middle East. The group has a manufacturing and assembly plant in Ireland, three assembly units in the United States, Ireland and France, and two packaging logistics platforms in the United States and France, making it extremely responsive to demand.
Dane-Elec Memory also has a hand-held product distribution subsidiary, Intervalle, in France
In 2008, Dane-Elec Memory generated revenues of ¤ 162 million.
Dane-Elec Memory is listed on Euronext Paris, Segment C.
ISIN: FR000036774, Mnémo: DAN, REUTERS: DEMY.
All our financial information at www.dane-elec.fr or www.actus-finance.com
¢ Actus Finance contacts:
|Shareholders / Analysts / Investors:||Journalists:|
|Jérôme Fabreguettes-Leib||Nicolas Bouchez|
|Tel.: +33 ()01 77 35 04 36||Tel.: +33 (0)1 77 35 04 37|
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