NEW YORK, July 22, 2014 /PRNewswire/ -- Finjan Holdings,
Inc. (NASDAQ: FNJN), a technology company committed to enabling
innovation through the licensing of its intellectual property,
today announced an update on its lawsuit against Blue Coat Systems
Inc. (Blue Coat).
Finjan Holdings' subsidiary Finjan, Inc. filed a patent
infringement lawsuit against Blue Coat on August 28, 2013 (5:13-cv-03999-BLF (NDCA)).
In accordance with the local patent rules of the U.S. District
Court for the Northern District of California, a Claim Construction or "Markman"
Hearing is set for August 22,
2014. Finjan asserts that Blue Coat is infringing six of
its patents: 7,418,731; 6,804,780; 6,154,844; 7,647,633; 6,965,968
and 7,058,822, which cover endpoint, web, and network security
technologies.
The Markman hearing is an important pre-trial event in a patent
lawsuit, wherein the Court will construe the asserted patent claims
after consideration of the parties' evidence. Considered by
some to be a critical procedure, second only to the trial itself.
Claim construction findings can often encourage settlement
and, in some instances, inform the parties of a likely
outcome.
According to Julie Mar-Spinola,
VP, Legal Operations of Finjan, "The Claim Construction Hearing
will be a key opportunity for Finjan to assist the judge with
construing our patent claims through the parties' evidence.
Consistent with our Licensing Best Practices initiative, we intend
to take this opportunity to credibly and convincingly help guide
the Court through the evidence to arrive at the proper
interpretation of our patent claims."
Phil Hartstein, President and CEO
of Finjan commented, "As a pioneer in the web and network security
space, Finjan is one of those unique companies whose decades-long
investment in innovation has truly been a game changer in today's
emerging cybersecurity markets. We are committed to
protecting our patented, proprietary inventions from unlicensed
companies employing these technologies in direct competition to our
existing licensing partners."
Finjan has also filed patent infringement lawsuits against
FireEye, Inc., Websense, Inc., Proofpoint, Inc., Sophos Ltd. and
Symantec Corporation relating to various patents in the Finjan
portfolio. The Company will provide timely updates of
important events relating to these matters on an on-going
basis.
Recognized internationally as a pioneer and leader in web and
network security, Finjan's substantial and on-going investment in
cybersecurity innovations are captured in its patent portfolio,
centered around software and hardware technologies capable of
proactively detecting previously unknown and emerging threats on a
real-time, behavior-based basis. Finjan has successfully
licensed its patents and technology to several major software and
technology companies around the world.
ABOUT FINJAN HOLDINGS
Through our subsidiary, Finjan,
Inc., we own a portfolio of patents, related to software that
proactively detects malicious code and thereby protects end users
from identity and data theft, spyware, malware, phishing, trojans
and other online threats. Finjan's mission is to invest in
innovation and encourage the development of core intellectual
property. Founded in 1997, Finjan developed and patented
technology that is capable of detecting previously unknown and
emerging threats on a real-time, behavior-based, basis, in contrast
to signature-based methods of intercepting only known threats to
computers, which were standard in the online security industry
during the 1990's. For more information about Finjan, please
visit www.finjan.com.
Follow Finjan Holdings on LinkedIn at
www.linkedin.com/company/finjan or on Twitter at
www.twitter.com/FinjanHoldings or @FinjanHoldings.
Cautionary Note Regarding Forward-Looking
Statements
This press release includes "forward-looking
statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements
include statements regarding our expectations, intentions, beliefs,
and projections about our future results, performance, prospects,
and opportunities. These statements can be identified by the
fact that they do not relate strictly to historical or current
facts or by the use of words such as "anticipate," "believe,"
"could," "estimate," "expect," "intend," "may," "plan," "project,"
"potential," "should," "will," "will be," "would," the negative of
these terms and similar expressions, but this is not an exclusive
way of identifying such statements. Readers are cautioned
that forward-looking statements are not guarantees of future
performance. Our actual results, performance, and
achievements may differ materially from those expressed in, or
implied by, the forward-looking statements contained in this press
release as a result of various risks, uncertainties and other
factors. Important factors that could cause our actual
results to differ materially from our expectations include, without
limitation, our ability to execute our business plan, the outcome
of pending or future enforcement actions, our ability to expand our
technology portfolio, the enforceability of our patents, the
continued use of our technology in the market, the development of a
liquid trading market for our securities, regulatory developments,
and other factors described under Item 1A, "Risk Factors," as
set forth in the Company's Annual Report on form 10-K filed with
the SEC on March 14, 2014, and any
subsequent quarterly or current reports.
The Company will continue to file annual, quarterly, and
current reports, proxy statements and other information with the
SEC. Forward-looking statements speak only as of the dates
specified in such filings or releases. Except as expressly
required under federal securities laws and the rules and
regulations of the Securities and Exchange Commission, we do not
undertake any obligation to update any forward-looking statements
to reflect events or circumstances arising after any such date,
whether as a result of new information or future events or
otherwise. You should not place undue reliance on the
forward-looking statements included in this release or that may be
made elsewhere from time to time by us, or on our behalf. All
forward-looking statements attributable to us are expressly
qualified by these cautionary statements.
Contact
Investor Relations | Friederike Edelmann | Finjan Holdings, Inc.
Telephone: (646) 350-4999 | Email: friederike@finjan.com
Media and Press Relations | Katie
Hepler | MWW Group
Telephone: (212) 704-9727 | Email: khepler@mww.com
SOURCE Finjan Holdings, Inc.