KANSAS CITY, Mo., Oct. 26, 2017 /PRNewswire/ -- Xceligent wants to set the record straight: Xceligent's executives did not instruct any vendor to conduct any illegal activity. Indeed, just as Xceligent suspected, RE BackOffice simply chose to settle rather than fight an industry giant like CoStar. RE BackOffice just issued a press release stating:
Regarding the Costar litigation, (Case#- 2:17-cv-01354 at The Pittsburgh Federal Court) Harbinder Khera [RE BackOffice CEO] says, "RE BackOffice is not responsible, nor have we aided anyone in any mass copyright infringement. We have reached an amicable resolution in order to avoid the unnecessary distraction, which will keep us from taking care of our clients. In the last 11 years that RE BackOffice has been in the business, it has never engaged in copyright infringement or violated any other laws. "
Xceligent has not stolen data from a competitor. Under the authority of the FTC's 2012 Consent Decree, the company has been updating listings from broker-maintained websites. Xceligent did not steal images from a competitor. Xceligent did not set up a "sweatshop" in any country to conduct industrial scale theft, as alleged by Costar. Xceligent spends millions of dollars and has a staff of close to 1,000 researchers dedicated to building and updating industry content in its systems.
CoStar's assertion that Doug Curry leaving the business is somehow connected to the ongoing legal battle is patently false. Xceligent's parent company, DMGT, as well as its Executive Chairman Frank Anton have made that clear. Mr. Anton has publicly stated: "There is absolutely, positively no connection between the judge's ruling and Doug and Erin leaving the business." Anton went on to say, "I am absolutely committed to the fight against CoStar's increasingly desperate attempts to stifle competition in our industry. Their recent cynical legal attack on one of our vendors, and their attempts to smear Xceligent by erroneously connecting the departure of Doug Curry with their campaign of dirty tactics, represents a new low."
Here's the important takeaway: Xceligent is moving full-speed ahead. The company is dedicated to continuing to provide its customers with the information and technology they need to operate their businesses more efficiently and profitably. Xceligent will continue to fight for the industry's right to have a competitive choice. It is a Midwest-based company that adheres to the highest standards of American business ethics.
Xceligent is a leading provider of verified commercial real estate information across the United States. Our professional research team pro-actively collects: a comprehensive inventory of commercial properties, buildings available for lease and sale, tenant information, sales comparables, historical trends on lease rates and building occupancy, market analytics, and demographics. This information assists the real estate professionals, appraisers, owners, investors, and developers that make strategic decisions to lease, sell, and develop commercial properties. Xceligent, backed by dmg information, has launched an aggressive national expansion that will provide researched information in the 100 largest United States markets.
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