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Press Release

December 4, 2014 at 9:31 AM EST

VirnetX Opens Gabriel Beta Program

Invites Small and Medium Businesses to Participate

ZEPHYR COVE, Nev., Dec. 4, 2014 /PRNewswire/ -- VirnetX Holding Corporation (NYSE MKT: VHC), an Internet security software and technology company, announced today that it is expanding its ongoing beta program for its Gabriel Secure Communication Platform™ and Gabriel Collaboration Suite™ of applications to include members of the public. Small and medium businesses wishing to take advantage of this unique opportunity to participate in this beta program ahead of its scheduled public release in first-half of next year, are welcome to find out more information about the program and sign-up for it here. Sign-up is limited and participants will be selected based on meeting the program's qualifications.  

"We are very excited about expanding our beta program to include new small and medium businesses. This will help us gain valuable insight into new deployment environments as we continue to make our products more robust," said Robert Short, VirnetX CTO and Chief Scientist.  "Gabriel is a powerful secure communication platform offering significant benefits for today's mobile workplace. We believe that this public beta is an important step towards final product release in the first-half of 2015."

VirnetX's Gabriel Secure Communication Platform™, unlike other collaboration and communication products and services on the market today, does not require access to your confidential data and minimizes the threat of hacking and data mining. VirnetX's Gabriel Secure Communication Platform™ enables individuals and organizations to maintain complete ownership and control over their personal and confidential data, secured within their own private network, while enabling authorized secure encrypted access from anywhere at any time.

VirnetX Gabriel Collaboration Suite™, a set of applications that run on top of VirnetX Gabriel Secure Communication Platform™, has undergone extensive internal testing with employees, contractors, shareholders and private beta testers. Schmid Tool & Engineering, a full service contract machine shop, has been using Gabriel for its office communication and collaboration.

"We are an 80 person company and the Gabriel office suite instantly filled a gap for inner office communications for our business," said Eric Schmid, Vice President of Schmid Tool & Engineering. "Gabriel was easy to deploy and I was greatly impressed with the mobile application having all the same productive communication tools in a private, secure environment where we can control all the data."

VirnetX's Gabriel Collaboration Suite™ enables seamless and secure cross-platform communications between coworker's devices.  The following applications are included in the current release and can be easily accessed through the Gabriel interface:

  • SECURE CHAT- allows you to quickly send and receive text, files and screen shots
  • SECURE SHARE- allows you to grant coworkers read/write access to desired folders
  • SECURE VIDEO/VOICE- provides secure conferencing capabilities for any Gabriel client
  • SECURE MAIL- allows you to send email and attachments directly from sender to recipient without requiring a centralized mail server
  • SECURE SYNC/BACKUP- allows you to quickly push single files or automatically backup your files to one or multiple Gabriel destinations

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, smartphones, eReaders and video conferencing.  The Company's patent portfolio includes over 107 U.S. and international patents with 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;, including pending and future inter partes review proceedings in the Patent and Trademark Office (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 applications may be adopted 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 Quarterly Report on Form 10-Q filed with the SEC on November 10, 2014.  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.

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SOURCE VirnetX Holding Corporation