OTTAWA, ON, Dec. 14, 2020
/CNW/ - Kinaxis® Inc. (TSX: KXS), the authority in
driving agility for fast, confident decision-making in an
unpredictable world, has become aware that its competitor Blue
Yonder has filed a complaint against Kinaxis in the United States District Court for the
Northern District of Texas
alleging patent infringement.
Kinaxis has no information regarding Blue Yonder's claims, other
than the information contained in the news release issued and the
complaint filed today by Blue Yonder. Kinaxis intends to
vigorously defend against the claims made by Blue Yonder and
consider all appropriate responses and avenues of legal recourse
against Blue Yonder.
Kinaxis has developed a high quality portfolio of patents since
its founding in 1984. Kinaxis is a trusted partner to the global
supply chain community, including many of the world's largest
brands across seven vertical markets.
About Kinaxis Inc.
Everyday volatility and uncertainty
demand quick action. Kinaxis® delivers the agility to make fast,
confident decisions across integrated business planning and the
digital supply chain. People can plan better, live better and
change the world. Trusted by innovative brands, we combine human
intelligence with AI and concurrent planning to help companies plan
for any future, monitor risks and opportunities and respond at the
pace of change. Powered by an extensible, cloud-based platform,
Kinaxis delivers industry-proven applications so everyone can know
sooner, act faster and remove waste. For more Kinaxis news, visit
Kinaxis.com or follow us on LinkedIn or Twitter.
Forward-Looking Statements
Certain statements in this
release, including statements as to Kinaxis' intentions,
expectations and market position, constitute forward-looking
statements within the meaning of applicable securities laws. These
statements are subject to certain assumptions, risks and
uncertainties, including our view of the relative position of
Kinaxis' products and services compared to competitive offerings in
the industry. Readers are cautioned not to place undue reliance on
such statements. Kinaxis' actual results, performance, achievements
and developments may differ materially from the results,
performance, achievements or developments expressed or implied by
such statements. Risk factors that may cause the actual results,
performance, achievements or developments of Kinaxis to differ
materially from the results, performance, achievements or
developments expressed or implied by such statements can be found
in the public documents filed by Kinaxis with Canadian securities
regulatory authorities. Kinaxis assumes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as expressly
required by law.
SOURCE Kinaxis Inc.