BILLERICA, Mass., June 4 /PRNewswire/ -- Peritus Software Services, Inc.
(OTC Bulletin Board: PTUS), a provider of solutions for software maintenance,
today announced that the United States District Court for the District of
Massachusetts granted the defendants' motions to dismiss the consolidated
class action lawsuit alleging violation of federal securities laws initially
filed in April, 1998 against the Company and three of its former officers.
About Peritus
Founded in 1991, Peritus Software Services, Inc. is a provider of software
maintenance outsourcing services. The Peritus Software Asset Maintenance
(SAM) offerings enable organizations to transform the maintenance process into
an efficient, cost-effective discipline that boosts productivity and
performance. SAM offerings include customized services for software providers
and information systems organizations. Peritus is headquartered in Billerica,
MA. For more information, see the Peritus web site at http://www.peritus.com.
SOURCE Peritus Software Services, Inc.
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Related links:
http://www.peritus.com
Company News On-Call:
http://www.prnewswire.com/comp/123089.html or fax,
800-758-5804, ext. 123089
Contact: Ron Garabedian
Treasurer
Peritus Software Services, Inc.
978-670-2500
Fax: 978-670-2060
Internet: rgarabedian@peritus.com
Peritus is a registered trademark and Software Asset
Maintenance is a
service mark of Peritus Software Services, Inc.
CONTACT:
Ron Garabedian, Treasurer of Peritus Software
Services, Inc., 978-670-2500, rgarabedian@peritus.com
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