Compellent Sues XIOtech For Wrongful Acts of Business Interference and Unfair Competition.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--April 5, 2004 On Feb. 23, 2004, Compellent served XIOtech with a complaint in Minnesota state court "to put an end to to destroy. - Fuller. See also: End XIOtech's wrongful wrongful Forensic medicine An adjective with considerable medico-legal currency, used in several contexts. See Negligence. Wrongful Wrongful death An event that is usually regarded as negligent. See Negligence. acts of interference and unfair competition toward Compellent," and to prevent XIOtech from disrupting the successful launch of Compellent's Storage Center product. This past Friday, on April 2, 2004, XIOtech responded to Compellent's lawsuit with its own lawsuit in Minnesota state court. XIOtech alleges that four of XIOtech's former employees - three of whom now work for Compellent partners - should be prevented from selling Compellent's product. XIOtech also asserts that Compellent's founders and/or former employees used XIOtech's proprietary information in an unspecified manner. "We sued XIOtech because we believe XIOtech is improperly interfering with our business," said Phil Soran, 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 Compellent. "XIOtech's responsive lawsuit is predictable and completely without merit. We look forward to vindicating our rights and will ensure that these lawsuits do not impact our incredible momentum toward becoming the new leader in storage area network solutions." About Compellent Compellent delivers affordable, modular storage solutions exclusively through business partners that provide companies of all sizes enterprise-level storage capabilities without big system costs or complexities. Designed by network storage and virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. pioneers, Compellent enables any business to cut storage expenditures in half, recover from data hazards within minutes, scale to any capacity across any technology and easily manage its storage without adding staff. Headquartered in Eden Prairie Eden Prairie A city of eastern Minnesota, a residential suburb of Minneapolis. Population: 57,300. , Minn., Compellent has raised more than $23 million in financing from leading investors including Cargill Ventures, Crescendo cres·cen·do n. pl. cres·cen·dos or cres·cen·di 1. Abbr. cr. Music a. A gradual increase, especially in the volume or intensity of sound in a passage. b. Ventures and El Dorado El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. Ventures. For more information, visit www.compellent.com. |
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