Memphis, Tennessee, Tuesday, June 12, 2007 – Inventory Locator Service, LLC (ILS), a subsidiary of The Boeing Company (NYSE: BA), today announced it obtained a cash payment of $1.5 million from Partsbase, Inc., a Boca Raton, Florida based company. They payment is for settlement of a lawsuit filed by ILS in 2002 under the Federal Computer Fraud and Abuse Act in response to Partsbase’s illegal access to ILS’ proprietary databases containing customer names and contact information.
In addition to the cash payment, the Federal District Court in Memphis, Tenn entered a permanent injunction against Partsbase that prohibits illegal access to the ILS database in the future.
ABOUT ILS
Inventory Locator Service, LLC is a subsidiary of Aviall, Inc. Aviall, Inc. is a wholly owned subsidiary of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes, which is a unit of The Boeing Company (NYSE: BA).
For more than 28 years, ILS has provided information via its global electronic marketplace to enable subscribers in the aviation, marine and defense industries to buy and sell parts, equipment and services. Started in 1979, ILS is the first, largest, and most active business-to-business electronic marketplace serving the aviation and marine industries.
ILS subscribers include more than 300 air carriers, 100 government procurement sites, and over 700 repair facilities as well as ship owners, ship operators, ship managers, manufacturers, distributors, and resellers from around the world. Aviation and marine suppliers list over 5 billion parts on ILS databases, which are accessed over 60,000 times each business day. Today, ILS' services are used by over 20,000 subscribers in 93 countries to buy and sell aircraft and marine parts and equipment.
Headquartered in Memphis, Tenn., ILS has offices in North America, Europe, and the Asia-Pacific region. For additional information about ILS, visit www.ILSmart.com or call 1-901-794-5000.
