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Statement by VirnetX
Apr 07, 2010 (04:04 PM EDT)
SCOTTS VALLEY, Calif., April 7 /PRNewswire-FirstCall/ -- VirnetX Holding Corporation (NYSE Amex: VHC), a leader in secure real-time communications and collaboration technology, announced, in compliance with Section 610(b) of the NYSE Amex Company Guide, that in connection with the recent filing of its annual report on Form 10-K for the year ended December 31, 2009, the report of its independent public accounting firm included in its annual report contains a "going concern" qualification.
VirnetX Holding Corporation, a secure real-time communications and collaboration technology company, is engaged in commercializing its patent portfolio, derived from a Central Intelligence Agency security project, by developing a licensing program, as well as developing software products designed to create a secure environment for real-time communications such as instant messaging and Voice over Internet Protocol. The Company's patent portfolio includes over 48 U.S. and international patents and pending applications that were recently declared as essential for 4G security specifications and provide the foundation for the Company's unique GABRIEL Connection Technology. For more information, please visit www.virnetx.com.
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