KODAK SUES FORMER EXEC. TO PROTECT INKJET-DATA FROM HP

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KODAK SUES FORMER EXEC. TO PROTECT INKJET-DATA FROM HP

 user 2010-02-22 at 11:25:35 am Views: 42
  • #23464

    http://www.democratandchronicle.com/article/20100218/BUSINESS/2180322/1001
    KODAK SUES FORMER EXEC. TO PROTECT
    INKJET DATA FROM HP 

    Counting
    heavily on a new inkjet printing press to help it return to
    profitability, Eastman Kodak Co. is suing a laid-off executive to block
    him — and his insider knowledge about the press — from going to a
    competitor.The photo and imaging company filed a lawsuit this week in
    state Supreme Court in Monroe County, seeking a court order enforcing
    the non-compete clause that Robert Carmosino previously signed and
    denying him for at least 18 months a job at Hewlett-Packard Co.

    The
    legal action revolves around Kodak’s much-hyped Prosper press.The
    company has been working on the technology behind it for years and
    expects to ship its first press later this year. Kodak expects its young
    commercial inkjet business to generate $1.5 billion in annual revenues
    within five years, CEO Antonio M. Perez told Wall Street analysts
    earlier this month.

    Carmosino joined Kodak in 2006 as vice
    president of global and strategic account sales for its Graphic
    Communications Group, which provides hardware and software to the
    commercial printing industry.Along with his knowledge about details such
    as the company’s profit margins on its digital printers and color
    production presses, Carmosino was “intimately involved in the
    development and execution of Kodak’s confidential, strategic
    commercialization cycle for the Prosper printing platform,” the company
    says in the 10-page civil suit.

    Carmosino, of Irvington,
    Westchester County, has an unlisted phone number and could not be
    reached for comment.According to the lawsuit, Kodak notified Carmosino
    in November 2009 that vice president-level executives covering various
    businesses or strategic accounts were being replaced with a single vice
    president covering a particular geographic region. The company asked him
    to stay on through the end of March 2010. But in early January,
    Carmosino told Kodak he had taken a job with California-based HP
    overseeing marketing and sales of that company’s commercial printing
    business.

    Kodak’s allegation is that such a job would violate the
    non-compete clause in the executive employment agreement Carmosino
    signed on April 26, 2006.Kodak, HP and Carmosino attempted to agree on
    another HP position in which his knowledge of Kodak’s business wouldn’t
    conflict with his work selling HP’s T300 line, which is a direct
    competitor to Prosper. But according to the suit, those negotiations
    broke down, even after Kodak offered to continue to pay Carmosino during
    the duration of his non-compete clause.Carmosino was to have started
    work at HP this week, the suit says.

    http://rocnow.com/article/business/2010100217021
    Kodak sues former executive, seeks to
    block him from joining Hewlett-Packard

    Eastman Kodak Co. is suing a former executive, who had access
    to information about one of its key technologies, for going to work for a
    competitor.The photo and imaging company filed a lawsuit this week in
    state Supreme Court in Monroe County, seeking to block Robert Carmosino
    from taking a job at Hewlett-Packard Co.

    Carmosino, of Irvington,
    Westchester County, could not be reached for comment.He joined Kodak in
    2006 as vice president of global and strategic account sales for its
    Graphic Communications Group, which provides hardware and software to
    the commercial printing industry.

    According to the lawsuit, Kodak
    notified Carmosino in November 2009 that vice president-level
    executives covering various businesses or strategic accounts were being
    replaced with a single vice president covering a particular geographic
    region. The company asked him to stay on through the end of March
    2010.In early January, Carmosino told Kodak he had taken a job with
    California-based Hewlett-Packard as its publishing segment business
    manager and he would leave in mid January.

    However, according to
    the suit, that job — overseeing sales and marketing of HP’s commercial
    printing business — violates a non-compete clause in the employment
    agreement Carmosino signed when he started with Kodak.Kodak, HP and
    Carmosino attempted to negotiate a position where his knowledge about
    Kodak’s business, such as its Prosper commercial inkjet printer system,
    would not come into conflict with his work selling HP’s T300 line, which
    is a direct competitor to Prosper. But according to the suit, those
    negotiations broke down, even after Kodak offered to continue to pay
    Carmosino for the 18 months of his non-compete clause.

    Carmosino
    was to have started work at HP this week, the suit alleges.Kodak is
    asking for a court order keeping Carmosino from working at HP for 18
    months in any capacity where he would be able to disclose confidential
    or proprietary Kodak information.Kodak is heavily banking on its Prosper
    system. The first unit is set to ship in the first half of this year,
    and Kodak is projecting potential sales of close to $1.5 billion
    annually within five years.