Adaptec Seizes More Than $1 Million in Counterfeit Products.Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 25, 2000 Adaptec, Inc. (Nasdaq:ADPT ADPT Automated Data Processing/Telecommunications ADPT Adaptec Corporation (stock symbol) ADPT Adaptive Prediction ADPT Auger Depth Profiling Technique ADPT Automated Data Processing Telecommunications ADPT Adapter ), the global leader in innovative storage solutions, today announced the discovery and seizure of more than $1 million in counterfeit Adaptec products at six U.S. firms. More than 5,000 faked Adaptec AHA-2940 and AHA-3940 host bus adapters See host adapter. , together with infringing software and documentation, were confiscated con·fis·cate tr.v. con·fis·cat·ed, con·fis·cat·ing, con·fis·cates 1. To seize (private property) for the public treasury. 2. To seize by or as if by authority. See Synonyms at appropriate. adj. by U.S. marshals, October 15, at GlobalNet Computer Components of Canoga Park, Calif., Amcotec, Inc. of Livermore, Calif., Lexy Pacific Corp. of Mountain View, Calif., Globe Cargo, Inc. of Hawthorne, Calif., Unisun Group, Inc. of Foothill Ranch, Calif., and Global Source Technology of Thornton, Colo. Several other defendants are also being sued on allegations of trademark and copyright infringement Noun 1. copyright infringement - a violation of the rights secured by a copyright infringement of copyright plagiarisation, plagiarization, piracy, plagiarism - the act of plagiarizing; taking someone's words or ideas as if they were your own for trafficking and possessing counterfeit goods, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Adaptec president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Bob Stephens. "Adaptec will pursue all legal means to protect the good name of its products," Stephens said. "We have worked hard for nearly 20 years to earn a reputation for high product quality and reliability, and we will not stand idly by as others seek to benefit improperly from our hard work." According to Stephens, no material impact on operating results is expected as a result of these actions. About Adaptec Adaptec (Nasdaq:ADPT), is the global leader in innovative storage solutions. Adaptec's hardware and software solutions for business and Internet applications move, manage, and protect critical data and digital content. Adaptec's direct-attached storage Direct-attached storage (DAS) refers to a digital storage system directly attached to a server or workstation, without a storage network in between. It is a retronym, mainly used to differentiate non-networked storage from SAN and NAS. , network storage solutions and desktop software solutions for digital content are found in high-performance networks, servers, workstations and desktops from the world's leading manufacturers, and are sold through distribution channels to ISPs, enterprises, medium and small businesses and consumers. Adaptec is an S&P 500 and a NASDAQ 100 member. More information is available at www.adaptec.com. |
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