Speedera Files Lawsuit Against Akamai

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June 26, 2002 — Content delivery service provider Speedera Networks Inc. (Speedera.com) announced on Wednesday that it filed a claim Tuesday against competitor Akamai Technologies (Akamai.com) in the US district Court in San Jose, California for unfair competition, false advertising, trade libel and intentional interference with prospective business advantage. The lawsuit, says Speedera, seeks unspecified actual and punitive damages and injunctive relief against Akamai for making false statements about Speedera?s financial condition and the performance of its content delivery services. “Over the past several months we have received numerous reports from customers, prospects and others that Akamai was making false statements about our financial condition and the performance of our services in an apparent attempt to influence our investors and our customers,” says Ajit Gupta, president and chief executive officer of Speedera. “We were confident that the superior performance of our services and our rapid progress towards profitability would cause Akamai to stop its negative campaign. Instead Akamai has accelerated its activities, leaving us no choice but to protect our good name and reputation.” Gupta says he learned that Akamai has filed a trade secret lawsuit against Speedera for reportedly obtaining confidential Akamai information from performance monitoring service Keynote Systems. Gupta says Speedera is a licensed user of Keynote Systems, and any information obtained from the site is not protected or confidential.

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