Finjan Files Patent Infringement Complaint Against Check Point USA and Check Point Israel

EAST PALO ALTO, Calif., May 04, 2018 -- Finjan Holdings, Inc. (NASDAQ:FNJN), a cybersecurity company today announced that – after numerous unsuccessful attempts to engage in productive, quality licensing discussions with Check Point – its subsidiary Finjan, Inc. (“Finjan”) has filed a patent infringement lawsuit against Check Point Software Technologies, Inc. (NASDAQ:CHKP) (“Check Point USA”) and Check Point software Technologies Ltd. (“Check Point Israel”) (collectively, “Check Point”). 

The Complaint, filed in the U.S. District Court for the Northern District of California on March 3, 2018, (Case No. 5:18-cv-02621), alleges that the Check Point products listed below (“ the Accused Products”) infringe at least one or more of the following Finjan patents: U.S. Patent Nos. 6,154,844, 6,965,968, 7,418,731, 7,647,633, 8,079,086, 8,141,154, 8,677,494 (collectively the “Asserted Patents”).

The Accused Products include Check Point’s: Next Generation Firewalls and Security Gateways for Cloud, Data Center, Midsized and Enterprise, Small Business, Consumer, and Home Office; CloudGuard products; Endpoint Protection products; Advanced Threat Prevention products, including with Sandblast technology, for Network Security, Endpoint Protection, and Mobile Threat Prevention; ZoneAlarm products; Threat Intelligence; ThreatCloud; Security Management products, including Smart-1 appliances; and Infinity, including R80.10.

Finjan is seeking a judgment of infringement of the Asserted Patents by the Accused Products, a preliminary and permanent injunction, past damages no less than a reasonable royalty, attorneys’ fees, pre- and post-judgment infringement, and any other relief deemed proper by the Court.

Finjan also has pending infringement lawsuits against Palo Alto Networks, ESET and its affiliates, Cisco Systems, Inc., Sonicwall, Inc., Bitdefender and its affiliates, Juniper Networks and Zscaler, Inc. 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
Established more than 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.

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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, 2017, 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.

Investor Contact:
Vanessa Winter | Director of Investor Relations, Finjan Holdings
Valter Pinto | KCSA Strategic Communications
(650) 282-3245 | [email protected]