22 Sep 2016 08:30
Sophos Group plc
Litigation Ruling
London, 22 September 2016. Sophos Group plc ("Sophos" or the "Company") announces that the jury in the lawsuit brought by Finjan, Inc (Finjan) asserting certain patent claims against Sophos has found that the Company infringed on five of Finjan's patents, and has awarded Finjan a one-time damages payment of $15 million. This verdict represents the next step in an ongoing legal process and Sophos is considering all options including an appeal of the verdict.
Forward-looking Statements
Certain statements in this announcement constitute "forward-looking statements". These forward-looking statements involve risks, uncertainties and other factors that may cause the Group's actual results, performance or achievements, or industry results, to be materially different from those projected in the forward-looking statements. These factors include: general economic and business conditions; changes in technology; timing or delay in signing, commencement, implementation and performance or programmes, or the delivery of products or services under them; structural change in the security industry; relationships with customers; competition; and ability to attract personnel. You are cautioned not to rely on these forward-looking statements, which speak only as of the date of this announcement. The Group undertakes no obligation to update or revise any forward-looking statement to reflect any change in expectations or any change in events, conditions or circumstances.
Contact
Sophos Group plc Tel: +44 (0) 1235 559 933 Kris Hagerman, Chief Executive Officer Nick Bray, Chief Financial Officer Derek Brown, VP Investor Relations | Brunswick GroupTel: +44 (0) 20 7404 5959 Sarah West Wendel Verbeek Katarina Sallerfors |