Delaware District Court Declares Mistrial In Patent Infringement Lawsuit Initiated By Juniper Networks
SANTA CLARA, Calif., March 7, 2014 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the leader in enterprise security, announced that today Honorable Judge Sue L. Robinson of the U.S. District Court for the District of Delaware (the "Court") declared a mistrial in a lawsuit brought by Juniper Networks against Palo Alto Networks due to the jury being unable to reach a verdict.
"From the outset, we said we would vigorously defend the Company against Juniper's lawsuit," said Mark McLaughlin, president and chief executive officer of Palo Alto Networks. "We continue to stand by our position that we do not infringe on their patents and are committed to delivering innovation and providing the network security market with disruptive technologies."
The lawsuit is pending in the United States District Court for the District of Delaware and was filed by Juniper Networks in December, 2011. The Court's decision follows a trial which began February 24, 2014. A new trial date in this matter has not been scheduled by the Court.
This press release contains forward-looking statements regarding the company's litigation with Juniper, all of which are subject to risks and uncertainties, including: the announcement of rulings and decisions with respect to future court proceedings and other developments with respect to the litigation. Additional risks and uncertainties are included under the caption "Risk Factors" in the company's quarterly report on Form 10-Q filed with the SEC on February 24, 2014, which is available on the company's website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
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Palo Alto Networks is leading a new era in cybersecurity by protecting thousands of enterprise, government, and service provider networks from cyber threats. Unlike fragmented legacy products, our security platform safely enables business operations and delivers protection based on what matters most in today's dynamic computing environments: applications, users, and content. Find out more at www.paloaltonetworks.com.
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SOURCE Palo Alto Networks