Contact Information: Contact: Michelle Barry BridgeView Marketing (for IneoQuest) (603) 809-2748 michelle@bridgeviewmarketing.com
IneoQuest Files Complaint Against Ixia for Illegally Acquiring Its Award-Winning Video Monitoring Technology
Ixia Allegedly Violates Written Non-Disclosure Agreement and Other Obligations
| Source: IneoQuest Technologies
MANSFIELD, MA--(Marketwire - December 2, 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 www.IneoQuest.com.