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Blancco Technology Group Files Stipulation for Vol

2 Mar 2017 07:00

RNS Number : 2877Y
Blancco Technology Group PLC
02 March 2017
 

2 March 2017

 

BLANCCO TECHNOLOGY GROUP 

 

Blancco Technology Group Files Stipulation for Voluntary Dismissal Without Prejudice of Declaratory Judgment Sought by ITRenew

 

Blancco Technology Group Plc (AIM: BLTG, "Blancco"), a leading global provider of mobile device diagnostics and secure data erasure solutions, today announced that it has filed a voluntary stipulation of dismissal without prejudice in the U.S District Court of the Northern District of California for the declaratory judgment litigation brought by ITRenew. ITRenew had sought a judicial declaration that it had not infringed Blancco Technology Group's U.S. Patent No. 9,286,231.

Since ITRenew filed for a declaratory judgment of non-infringement, Blancco Technology Group has engaged in litigation to rigorously protect its intellectual property and the method by which Blancco Drive Eraser (formerly Blancco 5) erases data from solid state drives (SSDs). Central to Blancco Drive Eraser's approach is the use of uncompressible data, which is permanently erasable. ITRenew has claimed that its Teraware product does not obtain a sequence of uncompressible data in its data erasure operations, but rather uses a fixed (or static) overwrite pattern similar to what is typically used on rotating magnetic drives. 

To reach a suitable outcome for both parties, a third-party digital forensics expert was brought on to determine if ITRenew's Teraware product uses uncompressible data in its data erasure operations. In two different examinations by a digital forensics expert, no evidence of uncompressible data was found.

Data from Markets and Markets indicates that the global SSD market is poised for rapid growth and expected to be worth $230 billion by 2022. Data compression is now prevalent across hardware and firmware in storage devices, including SSDs, due in large part to its benefits of improved data transfer and optimized capacity.

Khalid Elibiary, Vice President of Technology, Blancco Technology Group said

"We are pleased that this matter has been resolved. As data erasure experts with almost 20 years of experience serving enterprise businesses around the world, our opinion is that executing data erasure commands using compressible data on any system that uses data compression is a security vulnerability and could potentially leave data remnants on storage devices."

Enquiries:

Blancco Technology Group Plc +44 (0) 20 3657 7000

Pat Clawson, Chief Executive Officer

Keith Butcher, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker) +44 (0) 20 7418 8900

Edward Knight

Euan Brown 

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking 

Tulchan Communications +44 (0) 20 7353 4200

Tom Murray

Matt Low

About Blancco

Blancco Technology Group is a leading global provider of mobile device diagnostics and secure data erasure solutions. For more information, please visit www.blancco.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCJBMPTMBMMBIR
Date   Source Headline
4th Aug 20239:46 amGNWForm 8.3 - Blancco Technology Group Plc
3rd Aug 20235:02 pmRNSForm 8.3 - Blancco
3rd Aug 20234:50 pmRNSForm 8.3 - Blancco Technology Group Plc
3rd Aug 20233:41 pmRNSNotification of Major Holdings
3rd Aug 20233:21 pmEQSForm 8.3 - Apex Fundrock Limited :
3rd Aug 20232:37 pmRNSForm 8.3 - Blancco Technology Group plc
3rd Aug 20232:24 pmRNSForm 8.3 - Blancco Technology Group PLC
3rd Aug 202312:57 pmRNSForm 8.3 - Blancco Technology Group PLC
3rd Aug 202312:27 pmRNSForm 8.3 - Blancco Technology Group PLC
3rd Aug 202312:04 pmRNSForm 8.3 - Blancco Technology Group Plc
3rd Aug 202312:00 pmRNSForm 8.5 (EPT/RI) - Blancco Technology Group plc
3rd Aug 202310:54 amRNSForm 8.3 - Blancco Technology Group Plc
3rd Aug 202310:49 amRNSForm 8.3 - Blancco Technology Group plc
3rd Aug 202310:23 amGNWForm 8.3 - [BLANCCO TECHNOLOGY GROUP PLC - Opening Declaration - 02 08 2023] - (CGAML)
3rd Aug 20239:31 amGNWForm 8.3 - Blancco Technology Group Plc
3rd Aug 20239:14 amRNSForm 8.3 - Blancco Technology Group plc
2nd Aug 20233:41 pmRNSForm 8.3 - Blancco Technology Group PLC
2nd Aug 20237:00 amRNSRecommended Cash Offer
24th Jul 20237:00 amRNSAppointment of Nominated Adviser and Broker
3rd Jul 20237:00 amRNSTrading Update
26th Jun 20237:00 amRNSCarbon Neutral Status Maintained
20th Apr 20235:17 pmRNSNotification of Major Holdings
21st Feb 20237:00 amRNSInterim Results
3rd Feb 20239:53 amRNSInvestor Presentation
3rd Feb 20239:06 amRNSNotice of Results
1st Feb 20235:51 pmRNSNotification of Major Holdings
31st Jan 20237:00 amRNSAppointment of Nominated Adviser and Joint Broker
27th Jan 202310:47 amRNSNotification of Major Holdings
11th Jan 20237:00 amRNSBlancco Awarded "AA" Rating by MSCI ESG
13th Dec 20223:00 pmRNSResult of AGM
27th Oct 20222:33 pmRNSPosting of Annual Report and Notice of AGM
19th Oct 20227:00 amRNSPublication of ESG Report
13th Oct 202210:19 amRNSSHARE ALLOTMENT AND TOTAL VOTING RIGHTS
11th Oct 202210:06 amRNSDirectors’ Dealing
10th Oct 202212:32 pmRNSDirectors' Dealing
30th Sep 20224:15 pmRNSDirectors' Dealing
28th Sep 20227:00 amRNSFinal Results
23rd Sep 20229:16 amRNSNotification of Major Holdings
9th Sep 20222:54 pmRNSInvestor Presentation
19th Aug 20227:00 amRNSNotice of Results
28th Jun 20227:00 amRNSCarbon Neutral Status Achieved
8th Jun 20227:00 amRNSAcquisition
3rd Mar 20227:00 amRNSMembership of Global Sustainability Initiative
22nd Feb 20227:00 amRNSInterim Results
28th Jan 202210:30 amRNSInvestor Presentation
18th Jan 20227:00 amRNSTrading Update
15th Dec 20214:42 pmRNSDirectors' Dealing
15th Dec 20214:42 pmRNSDirectors' Dealing
14th Dec 20211:22 pmRNSResult of AGM
13th Dec 20214:46 pmRNSDirectorate Change

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