WatchGuard and SonicWALL Resolve Litigation
July 20 2006 - 6:07PM
Business Wire
WatchGuard Technologies, Inc. (Nasdaq:WGRD), SonicWALL, Inc.
(Nasdaq:SNWL), and Michael N. Valentine, a former WatchGuard and
current SonicWALL employee, have conclusively resolved the lawsuit
filed by WatchGuard in the United States District Court for the
Northern District of Texas, Dallas, Division, as well as the
counterclaim filed in the same action by Mr. Valentine against
WatchGuard. The action has been resolved to the parties' mutual
satisfaction and has accordingly been dismissed with prejudice to
its refiling. No party to the lawsuit admitted or conceded any
liability in connection with the lawsuit or the resolution of the
action and each party expressly denies any such liability. The
terms of the resolution are confidential. About WatchGuard
WatchGuard provides network security. The company's Firebox X
family of upgradeable appliances delivers the performance,
functionality and security strength to meet the needs of
organizations of any size. WatchGuard's Intelligent Layered
Security protects against emerging threats and provides the
platform to integrate additional services offered by the company.
All WatchGuard products include a LiveSecurity Service subscription
for vulnerability alerts, software updates, expert security
instruction, as well as individualized and self-help customer care.
WatchGuard is headquartered in Seattle, Washington, with offices
throughout Europe and Asia. For more information, please visit
www.watchguard.com. WatchGuard, LiveSecurity and Firebox are either
registered trademarks or trademarks of WatchGuard Technologies,
Inc. or its subsidiaries in the United States and/or other
countries. All other trademarks are the property of their
respective owners.
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