ZEPHYR COVE, Nev., Sept. 19, 2014 /PRNewswire/ -- VirnetX™
Holding Corporation (NYSE MKT: VHC), an Internet security software
and technology company, announced today that the USPTO has
terminated partially certain inter partes reexamination proceedings
initiated by Cisco Systems Inc. In particular, the USPTO has
terminated the reexamination proceedings with respect to certain
claims of VirnetX's U.S. Patent Nos. 6,502,135; 6,839,759;
7,418,504; and 7,921,211.
"We are pleased with the USPTO's decisions to terminate the
reexamination proceedings at least partially and look forward to
validation of the rest of the claims of these patents," said
Kendall Larsen, VirnetX CEO and
President.
About VirnetX
VirnetX Holding Corporation is an Internet security software and
technology company with patented technology for secure
communications including 4G LTE security. The Company's
software and technology solutions, including its secure domain name
registry and GABRIEL Connection
Technology™, are designed to facilitate secure communications and
to create a secure environment for real-time communication
applications such as instant messaging, VoIP, smartphones, eReaders
and video conferencing. The Company's patent portfolio
includes over 80 U.S. and international patents with over 100
pending applications. For more information, please visit
www.virnetx.com.
Forward Looking Statements
Statements in this press release that are not statements of
historical or current fact, including statements regarding the
strength of VirnetX's intellectual property, constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on expectations, estimates and
projections about the markets in which the Company operates,
management's beliefs, and certain assumptions made by management
and involve known and unknown risks, uncertainties and other
unknown factors that could cause the actual results of the Company
to be materially different from the historical results or from any
future results expressed or implied by such forward-looking
statements, including but not limited to (1) the outcome of any
legal proceedings that have been or may be initiated by the Company
or that may be initiated against the Company;, including pending
and future inter partes review proceedings in the Patent and
Trademark Office; (2) the ability to capitalize on the Company's
patent portfolio and generate licensing fees and revenues; (3) the
ability of the Company to be successful in entering into licensing
relationships with its targeted customers on commercially
acceptable terms; (4) potential challenges to the validity of the
Company's patents underlying its licensing opportunities; (5) the
ability of the Company to achieve widespread customer adoption of
the Company's GABRIEL Connection
Technology™ and its secure domain name registry; (6) the level of
adoption of the 3GPP Series 33 security specifications; (7) whether
or not the Company's patents or patent applications may be
determined to be or become essential to any standards or
specifications in the 3GPP LTE, SAE project or otherwise; (8) the
extent to which specifications relating to any of the Company's
patents or patent applications may be adopted as a final
standard, if at all; and (9) the possibility that Company may be
adversely affected by other economic, business, and/or competitive
factors. In addition to statements which explicitly describe
such risks and uncertainties, readers are urged to consider
statements labeled with the terms "believes," "belief," "expects,"
"intends," "anticipates," or "plans" to be uncertain and
forward-looking. The forward-looking statements contained
herein are also subject generally to other risks and uncertainties
that are described from time to time in the Company's reports and
registration statements filed with the Securities and Exchange
Commission, including those under the heading "Risk Factors" in
Company's Quarterly Report on Form 10-Q filed with the SEC on
August 08, 2014. Many of the
factors that will determine the outcome of the subject matter of
this press release are beyond the Company's ability to control or
predict. Except as required by law, the Company is under no
duty to update any of the forward-looking statements after the date
of this press release to conform to actual results.
Contact:
Greg Wood
VirnetX Holding Corporation
775.548.1785
greg_wood@virnetx.com
VirnetX and GABRIEL Connection
Technology are trademarks of VirnetX Holding Corporation.
Other company and product names may be trademarks of their
respective owners.
SOURCE VirnetX Holding Corporation