VirnetX Granted New Security Patent
Ninth Patent in 2011 Strengthens Patent Portfolio
SCOTTS VALLEY, Calif., Aug. 9, 2011 /PRNewswire/ -- VirnetX Holding Corporation (NYSE Amex: VHC), an Internet security software and technology company, today announced that on August 9, 2011, it was granted a new patent by the United States Patent and Trademark Office: U.S. Patent # 7,996,539, AGILE NETWORK PROTOCOL FOR SECURE COMMUNICATIONS WITH ASSURED SYSTEM AVAILABILITY.
"This patent, our ninth this year, further increases the value and importance of VirnetX's patent portfolio as it pertains to the rapidly expanding mobile market," said Kendall Larsen, VirnetX CEO and President. "In today's mobile environment patent portfolios are recognized as necessary assets and we believe VirnetX's patent portfolio is not only necessary but vital to providing security to the 4G mobile market."
VirnetX Holding Corporation is an Internet security software and technology company. 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 now includes 21 U.S. and 18 foreign patents and over 100 pending patent 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 constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's patent portfolio, legal activities and licensing efforts. 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. Readers are urged to consider statements containing the words "will", "believes," "belief," "expects," "intends," "anticipates," or "plans" to be forward-looking. The forward-looking statements contained herein are subject generally to 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 Annual Report on Form 10-K filed with the SEC on March 16, 2011 and in the Company's Quarterly Report on Form 10-Q filed with the SEC on May 10, 2011. 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.
VirnetX Holding Corporation
SOURCE VirnetX Holding Corporation
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