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SUNNYVALE, Calif., and CUPERTINO, Calif., January 30, 2006
- Fortinet, Inc. and Trend Micro Inc. (TSE: 4704, NASDAQ: TMIC), today announced the two companies have reached a settlement in a longstanding patent dispute involving Fortinet's alleged infringement of Trend Micro's U.S. Patent 5,623,600.
As part of the settlement, both parties have agreed to move for dismissal of the ongoing U.S. International Trade Commission ("ITC") proceedings, and to dismiss the appeal of the prior ITC determination pending in the Federal Circuit, and the pending Federal District Court action in Federal District Court. The terms of the settlement were undisclosed.
"Respect for intellectual property is the fuel of innovation," said Eva Chen, CEO and Co-founder of Trend Micro. "We are pleased to have reached an agreement with Fortinet that protects our intellectual property."
Fortinet Founder, President and CEO Ken Xie stated: "We are pleased to have reached an amicable settlement with Trend Micro. This allows us to focus our energy and resources on developing and delivering innovative technology to our business customers in North America and around the globe."
About Trend Micro
Trend Micro, Inc. is a leader in network antivirus and Internet content security software and services. The Tokyo-based corporation has business units worldwide. Trend Micro products are sold through corporate and value-added resellers and managed service providers. For additional information and evaluation copies of all Trend Micro products, visit our Web site,
www.trendmicro.com.
About Fortinet (www.fortinet.com)
Fortinet is a market leading provider of Unified Threat Management systems. The company has business units worldwide, and its products are sold through corporate and value-added resellers and managed service providers. Named a Light Reading Top 10 Private Company and #4 on Silicon Valley/San Jose Business Journal's "Fast 50" list, Fortinet is privately held and based in Sunnyvale, California.
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