TracerNET Responds to Trimble's Press Release; Strong-Arm Tactics as a Means of Competing Are Not Good for the Industry.Business Editors/High-Tech Writers CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 27, 2003 TracerNET Corporation, a leading provider of wireless fleet management solutions, commented today regarding a Trimble Navigation Limited press release alleging that a patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. lawsuit has been filed. "We learned about the allegations through a press release and we were surprised and disappointed Trimble had elected to take this course of action," stated Rick Beyer, 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 TracerNET. "We believe the lawsuit is without merit and TracerNET intends to vigorously defend itself against assertions of infringement," continued Beyer. Since its inception in 1996, TracerNET has invested millions of dollars in the development of wireless fleet management applications specifically designed for the ready mix concrete market. The founders of TracerNET recognized the issues facing this market and developed innovative solutions that were successfully deployed by TracerNET's initial customers. "TracerNET has built its market leadership position within the ready mix concrete segment as a result of our deep knowledge of the industry," stated Beyer. "Obtaining this deep knowledge does not happen overnight. It is the result of years of research and development," Beyer continued. "As many of our customers know, TracerNET's ready mix applications were invented well before Trimble's entry into the market, which took place in April 2001, as well as any subsequent Trimble patents. Trimble's patent cannot be valid under the circumstances," stated Beyer. "Over the past several months we have been hearing rumors For other uses, see Rumor (disambiguation). Rumors is a farcical play by Neil Simon. At its start, several affluent couples gather in the posh suburban residence of a couple for a dinner party celebrating their tenth anniversary. regarding alleged infringement of TracerNET solutions on Trimble intellectual property. We don't believe that strong-arm tactics, as a means of competing for business, are good for the industry," commented Beyer. "We have not ruled out suing Trimble for its attempts to interfere with our customer relationships and the right for customers to choose among the best solutions available," said Beyer. "While we would prefer to devote our resources to the continued development of innovative products and solutions for our customers, TracerNET is prepared to fully litigate the case. The company has retained the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae intellectual property litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. firm of Fish & Richardson P.C. to defend any assertion of infringement." "Our business continues to grow with record revenues. Our backlog is very strong and we continue to win customer support as a result of providing complete solutions and the market's best systems integration of wireless applications. We look forward to many years of serving our customers and continued investment in the ready mix industry, which has made TracerNET a market leader," concluded Beyer. About TracerNET TracerNET Corporation is a leading provider of wireless fleet management solutions. The TracerNET solution integrates with back office systems such as maintenance, dispatch, invoicing in·voice n. 1. A detailed list of goods shipped or services rendered, with an account of all costs; an itemized bill. 2. The goods or services itemized in an invoice. tr.v. , payroll, route optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , order entry and many other commercially available or in-house developed applications. Based on its open IMAT iMAT Isolated Mode Antenna Technology (Skycross) IMAT Intensity-Modulated Arc Therapy IMAT Interactive Multimedia Arts and Technologies Association IMAT Interactive Multisensor Analysis Training platform, TracerNET provides a modular and extensible foundation, for its wireless solutions. TracerNET emphasizes non-manual, machine-to-machine event monitoring In computer science, event monitoring is the process of collecting, analyzing, and signalling event occurrences to subscribers such as operating system processes, active database rules as well as human operators. and communications, making it the most automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. and accurate fleet management solution on the market. For more information, please visit TracerNET on the Web at www.tracernet.com. |
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