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Press Releases
Ixia Allegedly Violates Written Non-Disclosure Agreement and Other Obligations MANSFIELD, MA--(Marketwire), 3 December 2008 -- IneoQuest Technologies, Inc., the leading global supplier of end-to-end video quality, service and revenue assurance solutions, today announced that it had filed a complaint against Ixia, in the United States District Court for the Central District of California. In the complaint, IneoQuest states that Ixia knowingly misappropriated from IneoQuest the technological basis for Ixia's current video test and measurement solutions. The complaint alleges that Ixia and IneoQuest entered into a written non-disclosure agreement (NDA) in 2004 to allow the parties to discuss possible business and technical relationships. During this period, Ixia allegedly obtained valuable technology, market and company information from IneoQuest under the NDA. Moreover, well after Ixia had decided not to include IneoQuest in its video development plans, Ixia continued to obtain valuable information from IneoQuest under this NDA, and under a "no-shop" term sheet. Ixia then allegedly used the obtained IneoQuest information as the core for the video solutions it currently purports to market. The complaint further alleges that Ixia has illegally interfered with IneoQuest's business by spreading false information to influence customers' purchasing decisions, and to obtain other illegal advantages in the market. IneoQuest Technologies has made significant investments in research and development, delivering award-winning IP video monitoring products and solutions -- including the industry standard Media Delivery Index (MDI). IneoQuest is also recognized in the global market for the development and deployment of hundreds of IPTV and Video systems and has been selected as a prestigious Test and Measurement Company partner for the Microsoft IPTV Mediaroom solution (See June 16, 2008 Microsoft press release). IneoQuest has filed this complaint to protect its significant investment in its trade secret as well as its patent portfolio. IneoQuest seeks damages as well as injunctive relief, as remedies for Ixia's alleged illegal activities. About IneoQuest Technologies IneoQuest Technologies, Inc. has been delivering proven video monitoring solutions to customers in the telephony, cable, satellite, broadcast and network equipment industries since 2001. IneoQuest is a pioneer in the development and design of next-generation video monitoring solutions, leveraging distributed, data-collecting hardware probes and industry-unique management software. IneoQuest's solutions, including the award-winning IQPinPoint™, provide fault isolation technology for problems related to the delivery of video, via service provider networks. The company's comprehensive video quality management systems enable Revenue Assurance™ by reducing video defects and operational expenses, improving ROI and increasing profits while simultaneously improving customer satisfaction. Headquartered in Mansfield, Massachusetts, IneoQuest has sales operations in the US, Asia, European and Latin regions. More information is available at http://www.IneoQuest.com. Media Contacts: Michelle Barry BridgeView Marketing (for IneoQuest) (603) 809-2748 Submitted by Marketwire, Marketwire on Wednesday, 3 December 2008 at 9:40 AM Category: News & Media |
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