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 11:24:19 am Views: 74
  • #23609

    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.