SOURCE: Zyme Solutions

December 17, 2012 19:19 ET

Zyme Solutions Declares Channelinsight Lawsuit Baseless

Channelinsight Losing Customers to Zyme at Rapid Pace

REDWOOD SHORES, CA--(Marketwire - Dec 17, 2012) - Zyme Solutions announced today that a lawsuit filed by InfoNow (also known as Channelinsight) against Zyme for patent infringement is without merit, and that the company views the lawsuit as a tactical response by Channelinsight to a steady stream of customer defections.

"We had already reviewed the patent at issue and therefore find Channelinsight's claims to be baseless. We intend to deal with these competitive tactics by continuing to serve our customers at the highest levels of quality, and without distraction," said Chandran Sankaran, CEO, Zyme Solutions Inc.

About Zyme

Zyme is the leading provider of channel data solutions for global technology companies. Zyme offers cloud-based SaaS applications and managed services for multi-tier channel visibility, which seamlessly integrate with CRM and ERP systems such as Salesforce.com, SAP and Oracle. Zyme supports customers with verified channel sales and inventory data from distributors, retailers and resellers in 180 countries to better manage mission-critical business processes including revenue recognition, incentive payments, partner network management, sales commissioning, and supply chain planning. For more information, visit Zyme at www.zymesolutions.com.

Contact Information