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Sponsored by:7/10/08
GULFPORT, Miss. — A judge in Mississippi has granted Triton System's request for a preliminary injunction against Global Cash Services, a newly created ATM consultancy that's been working with ATM manufacturer GRG Banking Equipment Co. Ltd.
In February, Triton filed a lawsuit against GCS and six former Triton employees, including Brian Kett, Triton's former president and one of GCS's founders. Since that time, two of the former employees' names have been dropped from the suit.
The suit alleges that Kett and other co-defendants used proprietary information, obtained while still employed with Triton, to help them launch their new company, GCS. And because GCS has been working closely with GRG to help GRG expand its U.S. presence, Triton sees Kett's new company as a competitor, even though GRG specializes in ATM equipment for the financial-institution market.
The order passed down from the judge on July 3 instructs the defendants to halt any GCS projects that might have originated from knowledge taken from Triton, especially those that relate to "trade secrets."
Specifically, the order says GCS is restricted from "assisting" GRG Banking in the development of any ATM products that could be suspected by the court of using Triton's "trade secrets."
According to the order, Triton alleges GCS is helping GRG develop a retail ATM based on trade secrets related to Triton's RL2000. The judge also barred the defendants from soliciting or providing consulting services to any current Triton customers.
The case is scheduled for trial early next year.
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