Print This PageWashington, DC, February 18, 2005 -- Electronic Industries Alliance (EIA) President and CEO Dave McCurdy issued the following statement in reaction to the U.S. House of Representatives' 279-149 vote in favor of the Class Action Fairness Act:
"The Electronic Industries Alliance commends the U.S. Congress for improving business competitiveness in America by passing the Class Action Fairness Act. EIA strongly supports class action reform; earlier this year, the Alliance targeted the issue as one of its top legislative priorities in 2005. Now, by stipulating where and how class action suits can be filed, both the Senate and the House have taken action with legislation that can help reduce frivolous lawsuit-related costs for U.S. high-tech manufacturers and small businesses competing in the global marketplace.
We look forward to President Bush signing into law this bipartisan bill that helps U.S. high-tech companies control the cost of doing business domestically, brings balance to the class action system and improves the business climate in the U.S. for the high-tech industry."
About EIA: The Electronic Industries Alliance (EIA) is the leading advocate in Washington, D.C., for the U.S. high-tech industry. The Alliance, which traces its origins to the Radio Manufacturers Association (chartered in 1924), is a partnership of electronic and high-tech associations and companies whose mission is to promote the market development and competitiveness of the $400 billion U.S. high-tech and electronics industries through domestic and international policy efforts. EIA's corporate members - nearly 1,300 - provide products and services ranging from microscopic electronic components to state-of-the-art defense, space and industry high-tech systems, as well as the full range of telecommunications and consumer electronics products. Headquartered in Arlington, Va., the Alliance is made up of the Electronic Components, Assemblies & Materials Association (ECA); the Government Electronics & Information Technology Association (GEIA); the Solid State and Semiconductor Technology Association (JEDEC); the Telecommunications Industry Association (TIA); and leading consumer electronics companies who participate in EIA's Environmental Issues Council. EIA is also heavily involved in cyber security issues through the Internet Security Alliance (ISAlliance), and education issues, through the National Science & Technology Education Partnership (NSTEP).
Contact Email: ngaffney@eia.org
