SANTA CLARA, Calif.–(Business Wire)–
BackWeb Technologies Ltd. (Pink Sheets: BWEBF or BWEBF.PK) announced today that
it has resolved its previously announced patent infringement litigation with
Symantec Corporation that was pending in the District Court for the Northern
District of California. Terms of the agreement remain confidential.
About BackWeb:
BackWeb® Technologies Ltd. (www.backweb.com) has developed a range of
communications software technologies and solutions enabling distribution of
important information and digital assets. The company currently has very limited
operations.
BackWeb`s operations are based in Santa Clara, CA and Rosh Ha’ayin, Israel.
BackWeb has approximately 41.3 million shares outstanding.
Statements in this news release that are not purely historical are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including
statements of beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, but are not limited to, comments
concerning BackWeb`s future company plans. BackWeb assumes no obligation to
update any of the forward-looking statements in this release.
Media or Investor Relations:
BackWeb Technologies, Ltd.
Bill Heye
CEO
408-933-1722
bwebf@backweb.com
or
BackWeb Technologies, Ltd.
Tomer Assis
Vice-President, Finance
+972 (03) 900 2712
Copyright Business Wire 2010