1 June 1998
Source:
http://www.prnewswire.com/www/story/06-01-1998/0000669993
Thanks to GM
PR Newswire, June 1, 1998: RSA Data Security and Network Associates Announce Settlement of Lawsuit; Network Associates Licenses RSA Crypto-security Software REDWOOD CITY and SANTA CLARA, Calif., June 1 /PRNewswire/ -- RSA Data Security, Inc. and Network Associates (Nasdaq: NETA) today announced that the companies have settled patent infringement and copyright lawsuits brought by RSA against Network Associates and its subsidiaries PGP, Inc., and Trusted Information Systems (TIS). In addition, Network Associates entered into a new royalty-bearing license for RSA's crypto-security engines, providing Network Associates with rights to include RSA components within a number of Network Associates, PGP, and TIS products. "Customers require open standards and interoperability as they move to implement bullet-proof enterprise security systems," said Peter Watkins, general manager of Network Associates' Net Tools Secure Division. "The resolution of this lawsuit and our new license demonstrates our commitment to putting the needs of our customers first and our commitment to open standards." "We are pleased to have arrived at an amicable and constructive agreement with Network Associates, and welcome them as a valued customer and partner," said Al Sisto, COO of RSA Data Security, Inc. "This settlement and new license agreement will allow both companies to work together to provide the market with high quality solutions and feature industry standard RSA crypto- security technology." Under the terms of the settlement agreement, Network Associates will draw on a previously established escrow set at the time of the PGP acquisition to pay RSA an undisclosed sum to settle past issues and for legal fees. As a result of today's settlement agreement, three federal actions and a court- ordered arbitration related to the dispute have been resolved. Network Associates' new license of RSA's BSAFE(TM) and BCERT(TM) products provides Network Associates with rights to include RSA crypto-security software components within the PGP(R) Client, Recover-Key(R), Gauntlet(R) Firewall, Gauntlet VPN, and PGP Certificate Server(R), all components of Network Associates' Total Network Security (TNS) Suite. Network Associates With headquarters in Santa Clara, California, Network Associates, Inc., formed by the merger of McAfee Associates and Network General, is a leading supplier of enterprise network security and management solutions. Network Associates' Net Tools Secure and Net Tools Manager offer best-of-breed suite- based network security and management solutions. Net Tools Secure and Net Tools Manager suites combine to create Net Tools which centralizes these point solutions within an easy-to-use, integrated systems management environment. For more information, Network Associates can be reached at 408-988-3832 or on the Internet at http://www.nai.com. RSA Data Security, Inc. RSA Data Security, Inc., a wholly owned subsidiary of Security Dynamics Technologies, Inc. (Nasdaq: SDTI), is a leading supplier of software components that secure electronic data, with more than 300 million copies of RSA encryption and authentication technologies installed worldwide. RSA technologies are part of existing and proposed standards for the Internet and World Wide Web, ISO, ITU-T, ANSI, IEEE, and business, financial and electronic commerce networks around the globe. RSA develops and markets platform- independent security components and related developer kits and provides comprehensive cryptographic consulting services. RSA can be reached at http://www.rsa.com. SOURCE RSA Data Security, Inc. Web site: http: //www.nai.com Company News On-Call: http: //www.prnewswire.com or fax, 800-758-5804, ext. 124004 CONTACT: Patrick Corman of Corman Communications for RSA, 650-326-9648, patrick@cormancom.com; or Jennifer Keavney for Network Associates, 408-346-3278