Channelinsight Files Patent Infringement Lawsuit Against Zyme
DENVER, CO -- (Marketwire) -- 12/17/12 -- Channelinsight today
announced that it has filed a patent infringement lawsuit against
Zyme Solutions, Inc. for unspecified damages. The lawsuit alleges
that Zyme Solutions is infringing on Channelinsight's patent entitled
Automated Channel Market Data Extraction, Validation and
Transformation, U.S. Patent No. 8,296,258 B2. The suit was filed in
the United States District Court in Denver, Colorado.
"We filed this case for a very simple reason," said Robert Smith, CEO
of Channelinsight. "Channelinsight's intellectual property is being
unfairly exploited in the sales of Zyme's channel data solution to
customers. Channelinsight is one of the world's leading creators of
intellectual property surrounding the usage of channel sales data,
and one of the most progressive in embracing new, highly
collaborative ways of driving and managing channel sales data for
Fortune 500 High Tech companies. Everything we do is premised on the
fundamental principle that Channelinsight's intellectual property is
one of our core assets, and represents the work product of tens of
thousands of man hours by our engineers and millions of dollars of
Channelinsight offers the only complete cloud-based channel sales
management solution, providing technology manufacturers with
visibility into every partner and every end-customer in every
transaction in real-time; allowing them to gain the insight necessary
to drive sales and optimize inventory. Channelinsight collects POS
and inventory data from over 4000 worldwide channel partners and
processes over $100 Billion in channel sales transactions annually.
Customers benefitting from this technology include Schneider
Electric, HP, TE Connectivity, Intel, AMD and Lexmark. Channelinsight
is an operating business unit of InfoNow Corporation and is backed by
Rho Ventures, Sequel Venture Partners and Vedanta Capital, with
headquarters in Denver and offices in Palo Alto.
Channelinsight Media Contact:
B3 Communications, Inc.
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