Bidder's Edge Responds to Court Order Granting eBay's Motion for Preliminary Injunction.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--May 25, 2000 Bidder's Edge is Seeking an Expedited Appeal and Stay of Injunction Bidder's Edge, (www.biddersedge.com), the world's number one auction portal, today announced its response to an order from the United States District Court for the Northern District of California The United States District Court for the Northern District of California is the Federal district court whose jurisdiction comprises following counties: Alameda, Contra Costa, Del Norte, Humboldt, Lake, Marin, Mendocino, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa that enjoins Bidder's Edge from crawling the eBay Web site. Bidder's Edge is seeking an expedited appeal and stay of the preliminary injunction A temporary order made by a court at the request of one party that prevents the other party from pursuing a particular course of conduct until the conclusion of a trial on the merits. A preliminary injunction is regarded as extraordinary relief. , currently scheduled to take effect June 8, 2000. "While we are disappointed with this preliminary outcome, it was not unexpected," said James Carney car·ney n. Informal Variant of carny. , 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. of Bidder's Edge. "We are pleased that eight of eBay's nine claims did not merit enjoining en·join tr.v. en·joined, en·join·ing, en·joins 1. To direct or impose with authority and emphasis. 2. To prohibit or forbid. See Synonyms at forbid. Bidder's Edge from crawling eBay. In seeking an expedited appeal, we will ask the court to stay the injunction so that we may continue covering eBay during the appeal process. "The order relies on law governing gov·ern v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. trespass on trespass on or upon Verb Formal to take unfair advantage of (someone's friendship, patience, etc.): I won't trespass upon your hospitality any longer personal property, which we don't believe should be strictly applied to the Internet, as evidenced by a contradictory decision in the recent Ticketmaster v. tickets.com case. Clearly there is a need for guidance from the Appellate Court A court having jurisdiction to review decisions of a trial-level or other lower court. An unsuccessful party in a lawsuit must file an appeal with an appellate court in order to have the decision reviewed. , as this order will have significant impact on the openness of the Internet." Bidder's Edge pioneered the online auction aggregation business with the launch of its Web site in November 1998. Bidder's Edge enables online auction users to easily find up-to-date information on the large majority of the items available at auction, including status of current bids and historical pricing. The company now searches more than 170 sites, covering well over 6 million items. When consumers locate an item they want to bid on or receive more information about, they are linked directly to the auction site. Bidder's Edge does not interfere in or profit from any transactions between bidders and auction sites, and serves only as a consumer service. About Bidder's Edge Bidder's Edge, Inc., the largest online auction portal, aggregates more than 6 million items at more than 170 leading person-to-person and merchant online auction sites, including the FairMarket network. It is the first Web site to help buyers find great deals and win more auctions. Its popular tools and services facilitate the bidding process by searching multiple auction sites, tracking items of interest and providing the best market intelligence. InformationWeek named Bidder's Edge as one of the 100 most innovative practitioners of e-business in the New Economy. Internet Cool Guide also identified Bidder's Edge as a leading auction Web site. Bidder's Edge was founded in April 1997 and is headquartered in Burlington, Mass. Note: To obtain a copy of the court's ruling, please contact Angela Girard or Marybeth McLean of Schwartz Communications at either 781-684-0770 or bidders@schwartz-pr.com. |
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