Dega Issues Statement
5 August 1999
Dega Issues StatementSAN LUIS OBISPO, Calif., Aug. 4 -- Dega Technology, Inc. (OTC Bulletin Board: DEGA) reports that on Thursday, July 29th, 1999 Judge Bruce J. Dowds, of the Santa Barbara County Superior Court, denied the application by Spectre Industries (OTC Bulletin Board: STND) for a writ of possession on property owned by Dega. Judge Dowds indicated that the actions taken by Spectre were inappropriate and not proper as filed. Judge Dowds stated that he had serious reservations about the actions being in the correct forum and that it was clear much more was at stake than an attempted simple seizure of assets by Spectre. The judge went on to state that he found particularly troubling the fact that Spectre's position was supported primarily by the declaration of a person who previously worked for Dega but is now an agent of Spectre. Judge Dowds encouraged the parties to settle the matter out of court. Dega is at the forefront of applying leading-edge technologies to useful business solutions. Dega is the developer of DegaSource, a unique cataloguing and e-commerce solution for the automotive parts industry. Dega is also the creator of CD-ROM based catalogues for Ford, General Motors and Honda.