REDMOND, Wash., June 28 /PRNewswire/ -- In response to the U.S. Court of
Appeals decision today, Microsoft Corp. (Nasdaq: MSFT) issued the following
initial response.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
"Microsoft is pleased that the U.S. Court of Appeals has overturned most
of the lower court's findings against the company, drastically narrowing the
case and removing the breakup cloud from the company."
"The central issue in this case is the fundamental principle that every
company must have the ability to innovate and improve its products on behalf
of its customers. On this point, we are very pleased that this ruling
reverses the District Court's previous ruling and provides a positive
framework for Microsoft if these issues have to be retried. Today's ruling
creates a better framework for allowing companies to improve products on
behalf of consumers by adding new and innovative features."
"While there are some aspects of this ruling on which we didn't prevail,
we continue to believe that we face significant competition every day and we
must continually improve our products in order to succeed."
"We recognize that as a successful company, we have an important
responsibility under the law and to the broader industry. We take that
responsibility very seriously, and we will continue to work hard to provide
great opportunity for our industry partners and consumers. We also understand
that the best outcome for our customers, shareholders, partners and the entire
industry is a quick resolution to this case. The case was substantially
narrowed today, and we will continue to work toward resolving the remaining
issues expeditiously."
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services
and Internet technologies for personal and business computing. The company
offers a wide range of products and services designed to empower people
through great software -- any time, any place and on any device.
Microsoft is a registered trademark of Microsoft Corp. in the United
States and/or other countries.
The names of actual companies and products mentioned herein may be the
trademarks of their respective owners.
SOURCE Microsoft Corp.
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Lewis, senior director of Microsoft Investor Relations,
425-936-3703
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