PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: GroupWeb.Com

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Systrends, Inc. Fights Illegal Jury Verdict in Alabama - Systrends, Inc. Fights Illegal Jury Verdict in Alabama for the Right to Follow Open Industry Standards
Systrends, Inc. Fights Illegal Jury Verdict in Alabama

 

NewswireToday - /newswire/ - Tempe, AZ, United States, 2005/05/24 - Systrends, Inc. Fights Illegal Jury Verdict in Alabama for the Right to Follow Open Industry Standards.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

On February 9, 2005, an Alabama jury delivered a multi-million dollar verdict in favor of Group 8760, LLC, against Systrends, Inc. and a former Systrends’ employee, Richard Brooks. Group 8760 LLC claimed breach of a covenant not to compete, contract interference and a violation of the Alabama Trade Secrets Act.

Systrends expects the verdict to be reversed on several grounds, including:

• No trade secrets of Group 8760 were used in Systrends’ software. Group 8760 could not identify a trade secret used by Systrends and an exhaustive analysis by an independent, nationally recognized electronic commerce software expert, found “no material likeness” between Systrends’ Transaction Bridge™ software and Group 8760’s InsideAgent® software.

The only commonality between the two products is that they both follow the Gas Industry Standards Board Electronic Delivery Mechanism (GISB EDM – now known as NAESB EDM) standards, an open industry standard published in the U.S. Code of Federal Regulations.

Group 8760’s case was geared to play to the passion and prejudice of the jury, which succeeded to the point that the jury disregarded the court’s instructions and returned a verdict not permitted by the law.

• The noncompetition contract was illegal. Richard Brooks was terminated by Group 8760 in August of 2001. Mr. Brooks’ employment contract contained a non-compete territory claim of “the entire world” which is illegal under Alabama law.

Group 8760’s lawyer conceded in post trial hearings that the verdict should be set aside.

David C. Darnell, President and CEO of Systrends, Inc. states that “Systrends, Inc. and its personnel did not take or use any trade secrets of Group 8760. If this jury verdict is allowed to stand, it threatens every current user and software company that utilizes the GISB/NAESB EDM standards. Systrends, Inc. is committed to its customers and the GISB/NAESB EDM software community and vows to continue the fight. We remain confident and assured that common sense and judicial prudence will prevail in the end. In all events, Systrends will continue to support its products and customers and meet all of its contractual obligations.”

Systrends Inc. is a Tempe Arizona based company founded in 1986 by David C. Darnell, currently President and CEO. Systrends has been a leading provider of electronic commerce and Electronic Data Interchange software, consulting, and services for almost 20 years. Its two flagship products for the energy industry, XMLbridge™ and Transaction Bridge™, are the leading electronic commerce solutions for secure Internet transport and electronic business transaction management.

Notes:
Transaction Bridge and XMLbridge are registered trademarks of Systrends, Inc.
InsideAgent is a registered trademark of Group 8760, LLC

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: GroupWeb.Com

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Systrends, Inc. Fights Illegal Jury Verdict in Alabama

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Systrends, Inc. | GroupWeb EmailWire.com
Publisher Contact: David Johnson 
602.418.1353 david.johnson[.]systrends.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GroupWeb.Com securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From GroupWeb.Com / Company Profile


Read Software Most Recent Related Newswires:

LDiscovery Completes Acquisition of Kroll Ontrack
SYSPRO Opens a New Office in Nairobi, Kenya
Rocket Servergraph Professional Now Supports IBM i
JDA Solutions Selected by Coca-Cola FEMSA Mexico to Support its Innovative Supply Chain
CommutAir Leverages The Weather Company, an IBM Business, to Harness the Power of Big Data from the Tarmac
Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report
Saba Named a Leader in Learning and Performance Management
Infor Recognized as Top Retail Software Provider in 2016 RIS News LeaderBoard
IBM Debuts Blockchain Ecosystem to Help Accelerate Growth of Networks on Hyperledger Fabric
Permanent TSB to Improve Contact Centre Performance and Compliance with Noble Systems Composer Real-Time Speech Analytics
Rush Health Selects InterSystems HealthShare to Integrate Health Records, Support Value-Based Care
IBM Launches New Bluemix Services with GitHub and Slack Integration to Speed App Development in the Cloud
Yellowfin Launches Analytics Industry’s First Virtualized Integrated Data Preparation Module
TIBCO Releases TIBCO Mashery Local API Management Solution for Hybrid Gateway Deployments
Comways and Altitude Highlight Flexible Solutions at Belgium Contact Center Congress

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)