NEW YORK, Oct. 23, 2013 /PRNewswire/ -- Finjan
Holdings, Inc. (OTC MKT: FNJN) (the "Company") today announced its
subsidiary Finjan, Inc. ("Finjan") has been issued a new U.S.
patent (No. 8,566,580) expiring in 2032. The patent relates
to a proprietary system developed by the Company for splitting an
SSL connection between two security computers, designed
specifically to address network security concerns.
The techniques described in the '580 patent secure traffic in an
efficient and reliable manner requiring a minimal number of SSL
handshakes. Splitting an SSL connection or 'split tunneling'
allows a VPN user to access a public network (e.g., the Internet)
and a local network simultaneously, utilizing the same physical
network connection. However, split tunneling can also enable
users to bypass a company's gateway level security, which
represents a significant network security risk. The technique
covered by the '580 patent is intended to address this and other
critical cybersecurity issues.
"This patent is the latest in a long line of inventions that
Finjan has contributed in the cybersecurity space as a pioneer in
developing and patenting technology that proactively detects online
threats," said Finjan's President, Phil
Hartstein. "Finjan has more than twenty issued US
patents covering behavior-based security, intrusion prevention, and
access restriction technologies. The frequency and complexity
of cyber-attacks worldwide has made our intellectual property
increasingly relevant as we expect to see additional attack vectors
and new threats in the future."
The '580 patent is the most recent addition to the Finjan patent
portfolio which now exceeds 40 issued and pending patents
worldwide. The Company expects additional patent issuances in
both the United States and abroad
in the coming months.
Recognized internationally as a pioneer and leader in web and
network security, Finjan's decade-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 to five
major software and technology companies around the world.
For Additional Information: www.finjan.com
ABOUT FINJAN:
Finjan is a leading online security and
technology company which owns 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. Founded in 1997,
Finjan is one of the first companies to develop and patent
technology and software 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 previously standard
in the online security industry.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains statements, estimates, forecasts
and projections with respect to future performance and events,
which constitute 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. Those
statements include statements regarding the intent and belief or
current expectations of the Company and its affiliates and
subsidiaries and their respective management teams. These
statements may be identified by the use of words like "anticipate",
"believe", "estimate", "expect", "intend", "may", "plan", "will",
"should", "seek" and similar expressions and include any
projections or estimates set forth herein. Investors and
prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, that actual results may differ materially
from those projected in the forward-looking statements. Important
factors that could cause actual results to differ materially from
our expectations include, without limitation, those detailed in our
filings with the Securities and Exchange Commission ("SEC").
Neither the Company nor any of its affiliates undertakes any
obligation to update and forward-looking statements for any reason,
even if new information becomes available or other events occur in
the future.
The Company will continue to file annual, quarterly and
current reports, proxy statements and other information with the
SEC. The filings with the SEC will contain important information
regarding the Company, its business, financial condition, results
of operations and prospects. One should assume that
information contained in any of the filings with the SEC is only
accurate as of the date specified in such filings. The
business, financial condition, results of operations and prospects
may have changed materially since any such date. One is advised to
carefully review the "Risk Factors" set forth in the Current Report
on Form 8-K filed with the SEC on June 3rd,
2013.
Contact:
Media and Press Relations
Scott Eckstein
MWW Group
Telephone: (212) 827-3766
Email: seckstein@mww.com
Company Investor Relations
Joshua Weisbord
Finjan Holdings, Inc.
Telephone: (646) 568-3313
Email: joshua@finjan.com
SOURCE Finjan Holdings, Inc.