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Nov 22, 2006

Badbusinessbureau.com Found in Contempt of Court in Alyon Case

NEW YORK, July 25 /PRNewswire/ -- Alyon Technologies Inc. ("Alyon") announced today that the Eastern Caribbean Supreme Court in the High Court of Justice, Federation of Saint Christopher and Nevis has found the company "Badbusinessbureau.com, LLC" in contempt of Court for failing to comply with a Court Order issued after Alyon brought a lawsuit against the company alleging defamation and seeking damages.

The Order, issued on March 28, 2003, stipulated that Badbusinessbureau.com not publish or distribute defamatory or derogatory material about Alyon on any of its Web sites, including http://www.ripoffreport.com, http://www.badbusinessbureau.com or http://www.ripoffrevenge.com.  In addition, the Court granted an injunction against Badbusinessbureau.com to freeze its assets of up to US$10,000,000.

Badbusinessbureau.com failed to disclose its assets, and on April 15, 2003 was found in contempt of Court.  It was further ordered to pay attorney's fees and fines totaling EC$15,000 and EC$1,000 per day until compliance.  A further contempt order for not removing the offending postings is expected to be issued shortly.

We were very pleased with the Court's decision to order Badbusinessbureau.com to cease publishing defamatory statements about Alyon," said Stephane Touboul, president, Alyon.  "Alyon is committed to delivering a safe and viable alternative to consumers for online billing services, and our policies and procedures are in full compliance with all applicable federal and state laws and regulations.


About Alyon Technologies

Alyon Technologies ("Alyon") provides safe alternative online billing solutions for consumers purchasing information, content, goods and services via the Internet.  Its billing system is widely employed by Web site companies wishing to provide their customers with the safest environment for conducting online business transactions.


SOURCE Alyon Technologies, Inc.