Revenue is estimated at $18.6 million.  The maker of document image processing equipment said the state procurement division had declared FileNet in default on its contract with the secretary of state uniform commercial code division.
the state has a valid basis of default and is reviewing its legal rights under the contract
FileNet said it doesn't believe the state has a valid basis of default and is reviewing its legal rights under the contract, but said it can't predict the outcome of the dispute.
Revenue is estimated at $18.6 million.  The maker of document image processing equipment said the state procurement division had declared FileNet in default on its contract with the secretary of state uniform commercial code division.</s>FileNet said it doesn't believe the state has a valid basis of default and is reviewing its legal rights under the contract, but said it can't predict the outcome of the dispute.</s>the state has a valid basis of default and is reviewing its legal rights under the contract