VirnetX Identifies Additional 3GPP Specification to ETSI and ATIS

      VirnetX Identifies Additional 3GPP Specification to ETSI and ATIS

Company Remains Strong and Undaunted as it Executes Business Strategy

PR Newswire

ZEPHYR COVE, Nev., April 8, 2013

ZEPHYR COVE, Nev., April 8, 2013 /PRNewswire/ -- VirnetX Holding Corporation
(NYSE MKT: VHC), an Internet security software and technology company,
announced today that on April 5, 2013, it submitted updates to its licensing
declaration to European Telecommunications Standards Institute (ETSI) and the
Alliance for Telecommunications Industry Solutions (ATIS). VirnetX has
identified an additional developing specification in the 3GPP LTE, SAE project
to which VirnetX's patents and patent applications are or may become
essential. The following additional specification is now included in the
declaration:

3GPP TS 36.300, "Evolved Universal Terrestrial Radio Access (E-UTRA) and
Evolved Universal Terrestrial Radio Access Network (E-UTRAN); Overall
description; Stage 2" Release 10 or prior.

VirnetX has now identified 18 specifications or developing specifications in
the 3GPP LTE, SAE project to which its patents and patent applications are or
may become essential.

VirnetX is willing, upon request, to make available a non-exclusive license
with respect to necessary claims that have issued in or may issue from
VirnetX's identified patents and patent applications for these 18
specifications identified in its updated declaration, to the extent the
specifications are adopted as a final standard, subject to the conditions set
forth in the VirnetX's April 27, 2011 Statement of Patent Holder submitted to
ETSI and ATIS.

"We believe that VirnetX invented technologies are essential to securing the
rapidly growing 4G/LTE networks," said Kendall Larsen, VirnetX CEO and
President. "VirnetX remains strong and undaunted as we continue to execute on
our long-term strategy to become a key provider of technology and intellectual
property required for making communications secure over the 4G/LTE networks."

About VirnetX

VirnetX Holding Corporation is an Internet security software and technology
company with patented technology for secure communications including 4G LTE
security. The Company's software and technology solutions, including its
secure domain name registry and GABRIEL Connection Technology™, are designed
to facilitate secure communications and to create a secure environment for
real-time communication applications such as instant messaging, VoIP, smart
phones, eReaders and video conferencing. The Company's patent portfolio
includes 20 U.S. and 26 international patents and over 100 pending
applications. For more information, please visit www.virnetx.com.

Forward Looking Statements

Statements in this press release that are not statements of historical or
current fact, including statements regarding the strength of VirnetX's
intellectual property, constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on expectations, estimates and
projections about the markets in which the Company operates, management's
beliefs, and certain assumptions made by management and involve known and
unknown risks, uncertainties and other unknown factors that could cause the
actual results of the Company to be materially different from the historical
results or from any future results expressed or implied by such
forward-looking statements, including but not limited to (1) the outcome of
any legal proceedings that have been or may be initiated by the Company or
that may be initiated against the Company; (2) the ability to capitalize on
the Company's patent portfolio and generate licensing fees and revenues; (3)
the ability of the Company to be successful in entering into licensing
relationships with its targeted customers on commercially acceptable terms;
(4) potential challenges to the validity of the Company's patents underlying
its licensing opportunities; (5) the ability of the Company to achieve
widespread customer adoption of the Company's GABRIEL Communication
Technology™ and its secure domain name registry; (6) the level of adoption of
the 3GPP Series 33 security specifications; (7) whether or not the Company's
patents or patent applications may be determined to be or become essential to
any standards or specifications in the 3GPP LTE, SAE project or otherwise; (8)
the extent to which specifications relating to any of the Company's patents or
patent applicationsmay beadopted as a final standard, if at all; and (9) the
possibility that Company may be adversely affected by other economic,
business, and/or competitive factors. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged to
consider statements labeled with the terms "believes," "belief," "expects,"
"intends," "anticipates," or "plans" to be uncertain and forward-looking. The
forward-looking statements contained herein are also subject generally to
other risks and uncertainties that are described from time to time in the
Company's reports and registration statements filed with the Securities and
Exchange Commission, including those under the heading "Risk Factors" in
Company's Annual Report on Form 10-K filed with the SEC on March 1, 2013.
Many of the factors that will determine the outcome of the subject matter of
this press release are beyond the Company's ability to control or predict.
Except as required by law, the Company is under no duty to update any of the
forward-looking statements after the date of this press release to conform to
actual results.

Contact:
Greg Wood
VirnetX Holding Corporation
775.548.1785
greg_wood@virnetx.com

VirnetX and GABRIEL Connection Technology are trademarks of VirnetX Holding
Corporation. Other company and product names may be trademarks of their
respective owners

SOURCE VirnetX Holding Corporation

Website: http://www.virnetx.com
 
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