Graphnet, Inc. Awarded Damages by a Jury for Defamation in a Lawsuit Against Retarus, Inc.

NEW YORK–(BUSINESS WIRE)–Graphnet, Inc., an industry leader providing secure cloud-based
enterprise content management solutions and integrated electronic
messaging services, sued Retarus, Inc. (“Retarus”), for defamation.
Graphnet’s defamation claim [Docket No. HUD-L-3298-16] was presented to
a jury in Hudson County Superior Court on January 28, 29, 30 and 31,
2019 and February 4 and 5, 2019. The jury reached a verdict on February
5, 2019 and unanimously found that: (a) Retarus published a brochure
containing a false statement about Graphnet, (b) Retarus was at fault
for publishing the false statement, and (c) Retarus defamed Graphnet by
publishing the false statement.

The jury awarded nominal damages to Graphnet in the amount of

Graphnet, an Enterprise Content Management leader of cloud-based
transactional solutions, offers a large suite of data exchange
applications. The emergence of cloud computing and the prevalence of big
data across industries has led to the implementation of Graphnet’s
central repository for data warehousing of transactional information.
Graphnet delivers its cloud-based applications as a service through a
propitiatory business integrated global redundant network.

This network connects several domestic and international fully compliant
data centers (SSAE16 and HIPAA). Graphnet’s Cloud-based technology
dramatically reduces the complexity and costs associated with in-house
solutions while immensely improving operational efficiency. Our content
management solutions can be accessed through desktop applications and
host systems for bi-directional SMS, Fax and email transactions.

Graphnet’s R&D and Network Engineering skills are unmatched for
its technical expertise to develop and provide a tailored and seamless
client content management integration. Graphnet’s solution services are
utilized by top-tier financial, insurance, healthcare, and logistics
enterprises as well as government agencies.

Graphnet Inc., a Delaware corporation, was founded in 1968. Since then,
the company has been a leading global provider of a comprehensive suite
of communications applications that enable enterprises to communicate
securely and profitably with their customers, trading partners and other
third parties.


For further information:
Mr. Guy Conte, EVP 908-665-2007

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