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ETAP Wins Lawsuit Against CYMEETAP / Operation Technology, Inc. won a verdict against CYME International T&D, Inc. (a division of Eaton (News - Alert) Corporation) after a five-day jury trial on June 21, 2016. ETAP filed its lawsuit in the U.S. District Court, Central District of California, alleging that CYME and its agent, Amir Aslani and IPET-CO, violated Federal Law by engaging in a false marketing campaign aimed directly at damaging ETAP's reputation in the industry. The jury unanimously found CYME to be liable of willfully making false claims about the performance of ETAP's software and awarded ETAP $8.42 million in damages. For the past three years, CYME and its agent (posing as "Independent Power Engineers") collectively have created and distributed false statements, including disparaging YouTube (News - Alert) videos and emails distributed throughout the industry. "We are pleased with the jury's verdict in holding CYME accountable for its deceptive actions, and we trust our customers and the industry realize that these attacks against ETAP are false and not credible," said Shervin Shokooh, ETAP's COO. "ETAP stands behind the reliability, performance, and capabilities of its software which contines to be the industry benchmark for quality power systems analysis with impeccable verification & validation process." About ETAP ETAP is the global market and technology leader in modeling, design, analysis, optimization, monitoring, control, and automation software for electrical power systems. The company has been powering success for 30 years by providing the most comprehensive and widely-used enterprise solutions for generation, transmission, distribution, industrial, transportation, and low-voltage power systems. Founded in 1986, ETAP is headquartered in Irvine, California, USA, with over 70 offices around the world. Follow ETAP on LinkedIn, YouTube, Facebook, Twitter Certain names and/or logos used in this document may constitute trademarks, service marks, or trade names of ETAP/Operation Technology or other entities.
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