ZEPHYR COVE, Nev., October 31, 2013 /PRNewswire/ -- VirnetX™ Holding
Corporation (NYSE MKT: VHC), an Internet security software and
technology company, announced today that it has been granted four
new patents by the United States Patent and Trademark Office: U.S.
Patent No. 8,554,899, Agile Network Protocol for Secure
Communications Using Secure Domain Names; U.S. Patent No.
8,560,705, System and Method Employing an Agile Network Protocol
for Secure Communications Using Secure Domain Names; U.S. Patent
No. 8,571,025, Third Party VPN Certification; and U.S. Patent
No. 8,572,247, Agile Network Protocol for Secure
Communications Using Secure Domain Names.
Ten new mobile security patents have been granted to VirnetX in
2013. Since 2006, VirnetX has been granted 75 (24 U.S., 51
International) new patents related to Internet security.
Patent development is attributed to the VirnetX research and
development team, headed by VirnetX Chief Technical Officer and
Chief Scientist, Dr. Robert Dunham Short
III, which includes the scientists who created the original
inventions that are the basis of VirnetX's patent
portfolio.
"We are pleased to announce new patents for what we believe is
one of the most important patent portfolios for securing the mobile
markets," said Kendall Larsen,
VirnetX CEO and President. "We believe these patents
strengthen our patent portfolio and will further support our
ongoing licensing efforts to companies seeking to achieve
compliance with 3GPP LTE Advanced standards."
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, smart phones, 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; (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 Communication 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 9, 2013. 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