« Editorial - The Government and Your Laptop - Editorial - NYTimes.com | Main | Former HP VP Charged With Stealing IBM Trade Secrets »

Retail ATMs | BREAKING: Judge grants preliminary injunction against ATM consultant Global Cash Systems | ATM Marketplace

10 Jul 2008

GULFPORT, Miss. -- A judge in Mississippi has granted Triton System's request for a preliminary injunction against Global Cash Services, a newly created ATM consultancy that's been working with ATM manufacturer GRG Banking Equipment Co. Ltd.

In February, Triton filed a lawsuit against GCS and six former Triton employees, including Brian Kett, Triton's former president and one of GCS's founders. Since that time, two of the former employees' names have been dropped from the suit.

The suit alleges that Kett and other co-defendants used proprietary information, obtained while still employed with Triton, to help them launch their new company, GCS. And because GCS has been working closely with GRG to help GRG expand its U.S. presence, Triton sees Kett's new company as a competitor, even though GRG specializes in ATM equipment for the financial-institution market.

The order passed down from the judge on July 3 instructs the defendants to halt any GCS projects that might have originated from knowledge taken from Triton, espeically those that relate to "trade secrets."

Specifically, the order says GCS is restricted from "assisting" GRG Banking in the development of any ATM products that could be suspected by the court of using Triton's "trade secrets."

According to the order, GRG is developing a retail ATM model that resembles Triton's RL2000 ATM. The judge also barred the defendants from soliciting or providing consulting services to any current Triton customers.

The case is expected to go to trial later this year.

About

This page contains a single entry from the blog posted on July 10, 2008 9:33 PM.

The previous post in this blog was Editorial - The Government and Your Laptop - Editorial - NYTimes.com.

The next post in this blog is Former HP VP Charged With Stealing IBM Trade Secrets .

Many more can be found on the main index page or by looking through the archives.