SCOTTS VALLEY, Calif.,
June 2 /PRNewswire-FirstCall/ --
VirnetX Holding Corporation (NYSE Amex: VHC), an Internet security
software and technology company, announced today that on
May 25, 2010 and June 1, 2010, the United States District Court
for the Eastern District of Texas,
Tyler Division entered two Orders of Dismissal (the "Dismissals")
whereby all claims asserted by VirnetX, Inc., the wholly-owned
operating subsidiary of VirnetX Holding Corporation, against
Microsoft Corporation ("Microsoft") with respect to the lawsuits
filed by the Company against Microsoft were dismissed with
prejudice.
VirnetX Holding Corporation also reports that on May 18, 2010, Microsoft filed Notices of
Non-Participation with the United States Patent and Trademark
Office, whereby Microsoft stated that it will not participate
further in the Inter Partes Reexamination proceedings of
certain of VirnetX's patents.
"We are pleased to put this matter behind us with the successful
resolution of our litigation with Microsoft and their withdrawal
from participating in the reexamination of our patents," said
Kendall Larsen, VirnetX President
and CEO. "We welcome Microsoft as our first licensee."
About VirnetX
VirnetX Holding Corporation, an Internet security software and
technology company, is engaged in commercializing its patent
portfolio, by developing a licensing program as well as
developing software products designed 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 48 U.S.
and international patents and pending applications that were
recently declared as essential for 4G security specifications and
provide the foundation for the Company's unique GABRIEL Connection
Technology. For more information, please visit www.virnetx.com.
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Contact:
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Greg Wood
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VirnetX Holding
Corporation
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831.438.8200
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greg_wood@virnetx.com
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SOURCE VirnetX Holding Corporation