IT firm alleges intellectual property theft

January 15th, 2011 by Rahul Jain Leave a reply »

A software firm  in the state has alleged intellectual property theft by US-based and Bangalore-based firms. Rabboni Convergence Technologies Research, which has its registered office in Kollam and development centre in Kochi, has alleged that the source code and algorithms of a software for the legal industry in the US, developed by the firm, have been stolen by the Bangalore-based Sarva Outsourcing Solutions and US-based Xact Data Discovery Corporate, with the connivance of two employees of Rabboni.

The State Cyber Police have started an investigation into the case on the basis of a petition filed by Rabboni chief executive director Stephen Antony.Sarva Outsourcing Solution managing director Dominic Thomas, Xact Data  Discovery Corporate president and chief executive officer Robert Polus and employees of Rabboni, Laiju Thomas of Kottayam and Soumya P Sadanandan of Oachira, have arraigned as accused in the case.The petitioner alleged that Dominic Thomas had approached him in April, 2010, with the request for developing an Electronic Data Discovery Software for the legal industry in the US, to be marketed through the US- based firm.“After negotiations, the clients offered me a consideration by way of sweat equity of 30 percent of the market value of the product in the US, in addition to the development charges of Rs 5 lakh per month. However, on completion of work, the clients gave only Rs 1.62 lakh. Though I had been asking the remaining amount, they refused to pay,” he said.In the meantime, the petitioner said that he had noticed frequent e-mail communications between his employees Laiju and Soumya, which says that Dominic had appointed the two in his firm and had even arranged flight tickets for them to Hyderabad on September 22, 2010.It was also found that all the four accused had hatched criminal conspiracy and had stolen the source code, algorithms and the software architecture with the intention of marketing it in the US.

Source:http://expressbuzz.com/cities/thiruvananthapuram/it-firm-alleges-intellectual-property-theft/239717.html

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