Cisco Systems, Inc. announced late Wednesday afternoon that it has filed a lawsuit within the United States District Court against Apple Inc. according to a report on financial analysis site MarketWatch.com.

The suit seeks to prevent Apple from using the "iPhone" trademark, which Cisco claims it obtained in 2000 after acquiring Infogear. Cisco has also mentioned that Infogear initially filed for the trademark on March 20th, 1996, a date which preceded any interest Apple may have had in the name.

"There is no doubt that Apple's new phone is very exciting, but they should not be using our trademark without our permission," said Mark Chandler, Cisco's senior vice president and general counsel, in a statement.

More information on this as soon as it becomes available.