Nov 22 (Reuters) - LaserCard Corp:
* Terminated master license and manufacturing agreement, equipment sale
agreement with global investments group
* Intends to account for termination of agreements by booking income of about
$20.7 million in current period
* Says intends to commence arbitration for recovery of the sums owed under the
subject agreements
* Says to booking income of about $20.7 million in current period consisting of
payments to date
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* Terminated master license and manufacturing agreement, equipment sale
agreement with global investments group
* Intends to account for termination of agreements by booking income of about
$20.7 million in current period
* Says intends to commence arbitration for recovery of the sums owed under the
subject agreements
* Says to booking income of about $20.7 million in current period consisting of
payments to date
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.