Item
On
September 11, 2007, the New York Supreme Court awarded attorney's fees in
the
amount of $912,464 to Now Solutions, Inc ("Now Solutions"), the wholly owned
subsidiary of Vertical Computer Systems, Inc. (the "Company"), in the action
of
Ross Systems, Inc. v. Now Solutions, Inc. The award was made pursuant to
motions
for attorneys' fees filed in August 2007 by Now Solutions and Ross Systems,
Inc.
Now
Solutions is in the process of entering the judgment in the total amount
of
$2,191,946, plus statutory (simple) interest at 9% per annum from the date
the
claim accrued.
ITEM
9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Not
applicable.
(b) Not
applicable.
(c) Exhibits
- None
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this Current Report on Form 8-K to be signed on
its
behalf by the undersigned hereunto duly authorized.
|
Date: September
14, 2007
|
Vertical
Computer systems, Inc.
|
|
By:
s/ David Braun
|
|
|
Name: David
Braun
|
|
|
Title: Chief
Financial Officer
|