Joost and Joltid File Motion for Preliminary Injunction Against Michelangelo Volpi and Index Ventures Management, Seeking to Prevent Their Use of Confidential Information In Connection With the Acquisition or Management of S

Joost and Joltid File Motion for Preliminary Injunction Against Michelangelo
Volpi and Index Ventures Management, Seeking to Prevent Their Use of
Confidential Information In Connection With the Acquisition or Management of
Skype

WILMINGTON, Del., Oct. 14 /PRNewswire/ -- Joost US, Inc., its indirect parent
company Joost N.V., and Joltid Limited today filed a Motion for Preliminary
Injunction against Michelangelo Volpi and Index Ventures Management in the
United States District Court for the District of Delaware. In support of the
Motion, the plaintiffs also filed a Memorandum of Points and Authorities
containing facts and legal arguments, witness declarations and other evidence.

The Motion for Preliminary Injunction asks the Court to enjoin Index and Volpi
from using any of Joost's and Joltid's confidential information regarding
(among other things) the Global Index Software, the technology developed and
owned by Joltid that provides the peer-to-peer capability embedded in the
Skype program. The Motion also asks the Court to enjoin the defendants from:
(i) using the confidential information in connection with the operation or
strategic planning of Skype; (ii) communicating such information to other
parties in the "Buyout Group" that has made a bid to acquire Skype from eBay
Inc.; (iii) soliciting employees of Joost and Joltid with offers to join
Skype; (iv) having communications with current or former employees of Joost or
Joltid regarding the companies' confidential information; and (v) further
participating in the Skype acquisition or assuming any position with Skype
until a final adjudication of the merits of the case.

The Motion for Preliminary Injunction, Memorandum of Points and Authorities,
and supporting declarations are available on the internet at
https://www.lexisnexis.com/fileandserve. The case name is Joost US Inc. et al
v. Volpi et al and the Case Number is 1:09-cv-708.

The plaintiffs filed a lawsuit against the defendants on September 18, 2009,
alleging breach of fiduciary duty against Volpi, aiding and abetting breach of
fiduciary duty against Index, interference with prospective business
advantage, misappropriation of trade secrets, breach of contract against
Index, breach of confidence, and civil conspiracy. The Motion for Preliminary
Injunction seeks interim relief until the lawsuit can be completed.

SOURCE Joost US, Inc.

Michael S. Sitrick, mike_sitrick@sitrick.com, or Lewis M. Phelps,
lew_phelps@sitrick.com, both of Sitrick And Company, +1-310-788-2850