EAST PALO ALTO, CA--(Marketwired - Mar 28, 2016) - Finjan Holdings, Inc. (
Financial Highlights for the Year Ended December 31, 2015:
"In 2015 we focused on executing on our core licensing and enforcement strategy, securing a $40 million Jury award and Judgment against Blue Coat Systems and collecting nearly $5 million in licensing revenue from three new licensees," said Phil Hartstein, President and CEO of Finjan Holdings. "Importantly, we continued to invest in our future platform through the launch of our cyber risk and advisory services firm, CybeRisk™, the return to product development with the formation of Finjan Mobile™ and with the release of our Mobile Secure Browser™ application, and through our investment in next generation cyber technologies through JVP."
"Entering 2016, we have several catalysts that will help drive future growth including a strong licensing pipeline and approximately $5 million of licensing revenue already under contract and two scheduled trials with ProofPoint and Sophos," continued Hartstein. "We are eager to build upon the Finjan brand while vigorously protecting our IP portfolio as we value Finjan's 20-year history in cybersecurity, the investment of our licensees and our shareholders."
Select Strategic Highlights
IP Licensing and Enforcement:
Expanding Patent Portfolio:
Enforcement Schedule:
Emerging Cyber Focused Businesses and Investments in Innovation:
ABOUT FINJAN
Established nearly 20 years ago, Finjan is a globally recognized leader in cybersecurity. Finjan'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.
Follow Finjan Holdings, Inc.:
Twitter: @FinjanHoldings
LinkedIn: linkedin.com/company/finjan
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, 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.
Media:
Nicholas Gaffney
Zumado Public Relations
PH: (415) 732-7801
[email protected]
Investor:
Alan Sheinwald or Valter Pinto
Capital Markets Group LLC
Vanessa Winter
Finjan
PH: (650) 282-3245
[email protected]
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