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Finjan and Cisco Patent Infringement Trial to Start June 22, 2020 Post-Ease of COVID-19 Shelter-in-Place RestrictionsEAST PALO ALTO, Calif., May 04, 2020 (GLOBE NEWSWIRE) -- Finjan Holdings, Inc. (NASDAQ: FNJN) and its subsidiary Finjan, Inc. (Finjan) announce that its trial against Cisco Systems, Inc. (Cisco) previously scheduled for June 1, 2020 is now set to begin on June 22, 2020. The case is pending in the U.S. District Court for the Northern District of California, Case No. 5:17-cv-00072-BLF, before the Honorable Beth Labson Freeman. On April 30, 2020 Judge Freeman held a pretrial video conference, discussing with the parties, among other things, the Court’s anticipated reopening on June 1, 2020, which was the original trial date for this matter. The short delay to June 22 will allow the Court to make certain adjustments to its courtroom setting and procedures, including jury selection, to accommodate social distancing in light of California’s COVID-19 restrictions. According to the Court’s April 30 Minute Entry, jury selection will begin on June 19 and the trial will end by July 10, 2020. “It appears that ours may well be one of the first patent cases to be tried in the Northern District of California after the State lifts the shelter-in-place restrictions,” said Julie Mar-Spinola, Finjan’s Chief IP Officer and VP of Legal Operations. “Trying our case under new and different conditions will be an adventure Finjan is eager to experience, especially before Judge Freeman, who is well-versed in our patented cybersecurity technologies. And, we are excited to finally have Finjan’s patent infringement claims fairly decided on the merits against Cisco; it has been a long time coming.” Currently, Finjan expects to proceed to trial asserting five U.S. Patents against Cisco, namely U.S. Patent Nos. 6,154,844; 6,804,780; 7,647,633; 8,141,154; and 8,677,494. Finjan has pending patent infrinement lawsuits against Palo Alto Networks, ESET, SonicWall, Check Point, Rapid7, Fortinet, Qualys, and Trustwave/SingTel, relating to, collectively, more than 15 patents in the Finjan portfolio. The court dockets for the 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 Cautionary Note Regarding Forward-Looking Statements Investor Contact: Valter Pinto | KCSA Strategic Communications
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