VTI visioneering technologies inc.

Virotec International Ld17 August 200417 August 2004 Resolution...

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    Virotec International Ld
    17 August 2004


    17 August 2004

    Resolution of Legal Proceedings


    The Directors of Virotec International Ltd ('the Company') are pleased to
    announce that the Company has satisfactorily resolved the legal proceedings in
    the Australian Capital Territory Supreme Court against Nationwide News Pty Ltd.

    As part of the resolution of this case, both parties have agreed to keep
    confidential the terms of the settlement, but the Directors believe the
    settlement will not have a material impact on the Company's cash position.


    VIROTEC INTERNATIONAL LTD
    ABN 81 004 801 398
    PO BOX 188
    SANCTUARY COVE QLD 4212
    AUSTRALIA

    www.virotec.com
 
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