District Court Finds Finjan's '494 Patent Claims Against Blue Coat to be Valid
EAST PALO ALTO, CA -- (Marketwired) -- 12/15/16 -- Finjan Holdings, Inc. (NASDAQ: FNJN), a cybersecurity company, provides an update on subsidiary, Finjan, Inc.'s ("Finjan") second patent infringement suit against Blue Coat Systems, Inc. ("Blue Coat") in Finjan v. Blue Coat, 5:15-cv-03295-BLF, before the Honorable Beth Labson Freeman. On December 13, 2016, the Court entered its Order ("the Order") Denying Blue Coat's Motion for Judgment on the Pleadings under 35 U.S.C. § 101 ("the Motion"), filed on September 16, 2016, that asserted claims of Finjan's U.S. Patent No. 8,677,494 ("the '494 Patent") are invalid for lack of patentable subject matter. The Order concluded that "the asserted claims of the '494 patent ...contain an inventive concept sufficient to transform [the] claims into patentable subject matter." The Order can be found on p. 21 of Docket No. 156.
"We are again gratified that the Court carefully and concisely vetted our '494 Patent under controlling patent law and determined that our '494 invention is patentable subject matter, and that the resulting patent is valid and enforceable," commented Julie Mar-Spinola, Finjan Holdings, CIPO. "This and numerous other decisions confirming the validity and enforceability of our patents adds another layer of significance to our already valuable patent portfolio."
Finjan has pending infringement lawsuits against FireEye, Inc., Sophos, Inc., Symantec Corp., Palo Alto Networks., Blue Coat Systems, Inc. and ESET relating to, collectively, more than 20 patents in the Finjan portfolio. The court dockets for the foregoing cases are publicly available on the Public Access to Court Electronic Records (PACER) website, www.pacer.gov, which is operated by the Administrative Office of the U.S. Courts.
ABOUT FINJAN HOLDINGS, INC.
Established 20 years ago, Finjan Holdings, Inc. is a globally recognized leader in cybersecurity. Finjan Inc.'s inventions are embedded within a strong portfolio of patents focusing on software and hardware technologies capable of proactively detecting previously unknown and emerging threats on a real-time, behavior-based basis. Finjan continues to grow through investments in innovation, strategic acquisitions, and partnerships promoting economic advancement and job creation. For more information, please visit www.finjan.com.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, the matters set forth herein that are forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, Finjan's expectations and beliefs regarding Finjan's licensing program, the outcome of pending or future enforcement actions, the granting of Inter Partes Review (IPR) of our patents or an unfavorable determination pursuant to an IPR or other challenges at the USPTO of our patents, the enforceability of our patents, the cost of litigation, the unpredictability of our cash flows, our ability to expand our technology and patent portfolio, the continued use of our technologies in the market, our stock price, changes in the trading market for our securities, regulatory developments, general economic and market conditions, the market acceptance and successful business, technical and economic implementation of Finjan Holdings' intended operational plan; and the other risk factors set forth from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2015, and the Company's periodic filings with the SEC, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Finjan Holdings, Inc. All forward-looking statements herein reflect our opinions only as of the date of this release. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Finjan Holdings undertakes no obligation, and expressly disclaims any obligation, to update forward-looking statements herein in light of new information or future events.
Finjan Holdings, Inc.
KCSA Strategic Communications
Source: Finjan Holdings, Inc.
Released December 15, 2016