SOURCE: Finjan Holdings, Inc.

June 16, 2015 08:00 ET

Finjan Returns to Developing and Producing Secure Products for Mobile Apps and the Consumer Market

EAST PALO ALTO, CA--(Marketwired - Jun 16, 2015) - Finjan Holdings, Inc. (NASDAQ: FNJN), a cybersecurity company, announced its re-entry into the development and production of cyber secure products. With a long-established history in developing online security solutions for enterprises, Finjan's new products are for consumers; the first of which is the Finjan Mobile Secure Browser.

"We had a very clear but simple goal for developing our first secure mobile app -- which was for it to be simple to access, easy to use, and private. Importantly, our app gives mobile users a layer of security and a level of awareness to keep their data safe while surfing the web on their devices," said Julie Mar-Spinola, Finjan's Chief IP Officer. "It's alarming how exposed we are to being hacked through our mobile devices," continued Ms. Mar-Spinola. "These devices have become so convenient that we tend to forget about online security."

According to Tim Shipman, Strategy Director at Yeti, "The Finjan Mobile Secure Browser is a compact, elegant solution for protecting your mobile device from malicious content from the Internet. It will sanitize every URL that you attempt to access." The Finjan Secure Browser will also warn the user so that they don't accidentally land on a malicious web page. If the site is safe (green), Finjan Mobile Secure Browser will go directly to the desired address. If the URL is suspect (yellow), it will caution the user and indicate the type of website and the location of the server. If the site is dangerous (red), Finjan's secure browser will, also, warn the user of the danger in proceeding, but allow the user to decide whether or not to proceed. Uniquely, the Finjan Mobile Secure Browser is private and will not collect your data.

"Until recently, Finjan was bound to a non-compete and confidentiality agreement with its former licensee, M86. M86, who subsequently merged with Trustwave Holdings, Inc., had an exclusive right to make cybersecurity products using Finjan's patented, behavior-based technologies," commented Phil Hartstein, Finjan's CEO. "Now that Finjan is free to develop and produce new cybersecurity products again, we jumped back in with the purpose of giving everyday mobile consumers a private and secure browser to use on their smart devices. The Finjan Secure Browser will scan and educate users on the potential malicious natures of URLs."

Version 1 of the Finjan Mobile Secure Browser is free and can be downloaded onto your smartphone from the Google Play Store (for Android devices), or the Apple Store (for Apple devices). You use Finjan's app as you would any other browser such as Safari or Google.

ABOUT FINJAN
Founded in 1997, Finjan is recognized globally as a cybersecurity pioneer and leader. Finjan's investment in innovation is captured in its patent portfolio, centered around software and hardware technologies capable of proactively detecting previously unknown and emerging threats on a real-time, behavior-based basis. Finjan's software detects malicious code and protects end users from identity and data theft, spyware, malware, phishing, trojans, and other online threats. To date, Finjan has successfully licensed its intellectual property to major technology companies for more than $150 million. For more information about Finjan, please visit www.finjan.com.

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Cautionary Note Regarding Forward-Looking Statements
Except for historical information, the matters set forth herein that are forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, the outcome of pending or future enforcement actions, our ability to expand our technology portfolio, the enforceability of our patents, the continued use of our technologies in the market, our stock price, changes in the trading market for our securities, regulatory developments, general economic and market conditions, the market acceptance and successful business, technical and economic implementation of Finjan Holdings' intended plan; and the other risk factors set forth from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2014, and the Company's periodic filings with the SEC, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Finjan Holdings, Inc. All forward-looking statements herein reflect our opinions only as of the date of this release, and Finjan Holdings undertakes no obligation, and expressly disclaims any obligation, to update forward-looking statements herein in light of new information or future events.