Cambridge, Mass. - Basis Technology, a provider of software for text analytics, information retrieval, and name resolution in several languages, on Friday announced that The Appeals Court of Massachusetts has ruled in its favor over online retailer Amazon.com (NASD: AMZN) in a long-standing dispute relating to the establishment of Amazon's Japan subsidiary and its Japanese e-commerce site.

Amazon.com was an early investor in Basis Technology. As a consequence of the recent court decision, Amazon.com is required to relinquish its seat on Basis Technology's board of directors and to relinquish all rights as a preferred shareholder.

Basis Technology is also permitted to resume its use of the Amazon.com name and logo in its promotional materials, and will receive an undisclosed amount of additional monetary compensation.

"A three justice panel sided with Basis Technology on every point of contention," the company said.

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