March 22, 2006

U.S. DEPARTMENT OF JUSTICE
United States Attorney’s Office
Northern District of California

FORMER COMPANY DIRECTOR CONVICTED OF THEFT OF TRADE SECRETS
Defendant Had Accepted Employment Offer of Vice President Position At Competitor Firm

SAN FRANCISCO, December 15, 2005 – United States Attorney Kevin V. Ryan announced that Mehdi Matt Rashidi, 44, of Pleasanton, California, pleaded guilty on this afternoon for misappropriating trade secrets from his former employer.

According to court documents, Mr. Rashidi worked at BioGenex Laboratories, Inc. ("BioGenex"), located in San Ramon, California, from 1998 until he resigned on September 2, 2004. When he resigned, Mr. Rashidi held the position of Director of Imaging and Diagnostic Systems at BioGenex. Before resigning, Mr. Rashidi received a written offer of employment from Lab Vision Corporation, a competitor of BioGenex and located in Fremont, California, for the position of Vice President, New Technologies, with a base salary of $175,000 and a bonus plan of $25,000, among other benefits >>> See

Sent by Sheila K

* *

Who's your Iranian of the day? Send us photo