Magnitude
Ergonomic Advisory Board Chair to Present
Breakthrough Study Linking Environmental
Conditions With Productivity, at Eastern
Ergonomics Conference in
NYC
News
Press Releases as of
Magnitude Announces Addition of New CEO To Leadership Team
Magnitude
Settles Patent Infringement Suit with Niche Software.
BRANCHBURG
N.J., Jan 22, 2007-- Magnitude Information
Systems, Inc. (Nasdaq: MAGY), an ergonomics and productivity
software company, today announced
The patent infringement suit between MAGNITUDE
and NICHE has been settled without any admission of
infringement by Niche and before any determination of
infringement was made.
About Magnitude Information Systems, Inc.
Magnitude Information Systems, Inc. (http://www.magnitude.com)
is the leading developer of Human Capital Optimization
Solutions for employers with computer users. ErgoEnterprise™,
Magnitude's unique patented flagship product, delivers RSI
Management and productivity enhancement benefits.
ErgoEnterprise has been proven to help companies and
government agencies realize measurable productivity gains,
reduced workers' compensation and medical claims costs
associated with employees using computers.
This
press release contains certain statements relating to future
results, which are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of
1995. These forward-looking statements are subject to certain
risks and uncertainties that could cause actual results to
differ materially from either historical or anticipated
results, depending on a variety of factors. Potential factors
that could impact results include the general economic
conditions in different countries around the world,
fluctuations in global equity and fixed income markets,
exchange rates, rating agency actions, resolution of pending
regulatory investigations and related issues, including those
related to compensation arrangements with underwriters,
pension funding, ultimate paid claims may be different from
actuarial estimates and actuarial estimates may change over
time, changes in commercial property and casualty markets and
commercial premium rates, the competitive environment, the
actual costs of resolution of contingent liabilities and other
loss contingencies, and the heightened level of potential
errors and omissions liability arising from placements of
complex policies and sophisticated reinsurance arrangements in
an insurance market in which insurer reserves are under
pressure. Further information, concerning the Company and its
business, including factors that potentially could materially
affect the Company's financial results, is contained in the
Company's filings with the Securities and Exchange Commission.