NEW YORK, Sept. 15, 2014 /PRNewswire/ -- Finjan Holdings,
Inc. (NASDAQ: FNJN), a technology company committed to enabling
innovation through the licensing of its intellectual property,
today provides an update on the case Finjan, Inc. v. Symantec
Corp., Websense, Inc., Sophos Inc.: CAFC-13-1682 ("The
Appeal").
This patent infringement suit dates back to a legacy litigation
filed on July 12, 2010, in the U.S.
District Court for the District of Delaware against Symantec Corp., Websense,
Inc., Sophos Inc., et al. During this time, two of the five
defendants settled; for the three remaining defendants, Websense,
Inc., Sophos Inc., and Symantec Corp., the verdict resulted in a
finding of invalidity of certain asserted claims of Finjan's
patents, U.S. Patent Nos. 6,092,194 and 6,480,962, and
non-infringement of same, against the three parties. Finjan's
Appeal Brief was filed on December 10,
2013, and the Oral Argument was heard on September 9, 2014.
The Court of Appeals for the Federal Circuit (CAFC) issued a
decision, affirming the District Court's prior ruling with no
opinion, citing Federal Circuit Rule 36. Rule 36 findings by the
Court do not provide any additional insight or context into the
Court's decision in the case. This CAFC ruling was the most recent
outcome in the process to reverse the lower Court's finding of
invalidity on claims in the two patents. The two patents in
question are not at issue in any of six currently pending cases in
the Northern District of California, including three separate actions
involving the three remaining parties in the appeal, noted
previously.
"While we are disappointed with the Panel's finding, we continue
to believe in the Court's ability to adjudicate complicated issues
in patent cases," commented Julie
Mar-Spinola, VP Legal Operations of Finjan. "The two patents
in question represent a small number – two of twenty –currently
involved in our licensing and enforcement program related to
Finjan's pioneering cybersecurity related technologies."
Finjan has also filed patent infringement lawsuits against
FireEye, Inc., Blue Coat, Inc., Websense, Inc., Sophos Inc. and
Symantec Corp. relating to, collectively, more than 20 patents in
the Finjan portfolio. The Company will continue to provide timely
updates of important events relating to these matters on an
on-going basis. The court dockets for the foregoing cases are
publicly available on the Public Access to Court Electronic Records
website, www.pacer.gov, which is operated by the Administrative
Office of the U.S. Courts.
Recognized internationally as a pioneer and leader in web and
network security, Finjan's decades-long investment in innovation is
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 or on Twitter
@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.