Signature Devices, Inc. Announces Settlement Agreement With Universal Funding Corp.

Signature Devices, Inc. Announces Settlement Agreement With Universal Funding Corp.

LAS VEGAS, NV — (Marketwired) — 05/07/13 — Signature Devices, Inc. (PINKSHEETS: SDVI) is pleased to announce that the Company has reached a settlement agreement with Universal Funding Corporation. The terms of the settlement were not disclosed pursuant to confidentiality provisions in the settlement agreement. "This is a very positive development in the life of our company, and we are excited that this matter has been resolved," commented Mart van der Velde, President of Signature

Jetter AG Q4 sales plummet, losses ensue

Jetter AG, Ludwigsburg, (ISIN: DE0006264005) publishes preliminary figures for the fiscal year ended 31 March 2013. In the last quarter, the company suffered a setback of sales, mainly through deferment of major projects and the bankruptcy of a major customer. Sales were ca. 9 Mio. Euro for the quarter and 40 Mio. Euro for the fiscal year (previous year: 9 Mio. for the quarter and 44 Mio. for the year). Management decreed far reaching cost saving measures in March already, which will be effecti