NEW YORK, July 25 /PRNewswire/ -- Alyon Technologies Inc. ("Alyon")
announced today that the Eastern Caribbean Supreme Court in the High Court of
Justice, Federation of Saint Christopher and Nevis has found the company
"Badbusinessbureau.com, LLC" in contempt of Court for failing to comply with a
Court Order issued after Alyon brought a lawsuit against the company alleging
defamation and seeking damages.
The Order, issued on March 28, 2003, stipulated that Badbusinessbureau.com
not publish or distribute defamatory or derogatory material about Alyon on any
of its Web sites, including http://www.ripoffreport.com, http://www.badbusinessbureau.com or
http://www.ripoffrevenge.com. In addition, the Court granted an injunction against
Badbusinessbureau.com to freeze its assets of up to US$10,000,000.
Badbusinessbureau.com failed to disclose its assets, and on April 15, 2003
was found in contempt of Court. It was further ordered to pay attorney's fees
and fines totaling EC$15,000 and EC$1,000 per day until compliance. A further
contempt order for not removing the offending postings is expected to be
issued shortly.
"We were very pleased with the Court's decision to order
Badbusinessbureau.com to cease publishing defamatory statements about Alyon,"
said Stephane Touboul, president, Alyon. "Alyon is committed to delivering a
safe and viable alternative to consumers for online billing services, and our
policies and procedures are in full compliance with all applicable federal and
state laws and regulations."
About Alyon Technologies
Alyon Technologies ("Alyon") provides safe alternative online billing
solutions for consumers purchasing information, content, goods and services
via the Internet. Its billing system is widely employed by Web site companies
wishing to provide their customers with the safest environment for conducting
online business transactions.
SOURCE Alyon Technologies, Inc.
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Related links:
http://www.alyon.net
CONTACT:
Hugh Mansfield of Mansfield Communications,
+1-212-370-5045, or hugh@mcipr.com, for Alyon Technologies, Inc.
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