Watchguard and SonicWALL Resolve Litigation
21 July 2006 - 11:58AM
PR Newswire (US)
SUNNYVALE, Calif., July 20 /PRNewswire-FirstCall/ -- WatchGuard
Tehcnologies, 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 SonicWALL, Inc. Founded in 1991,
SonicWALL, Inc. designs, develops and manufactures comprehensive
network security, email security, secure remote access, and
continuous data protection solutions. For more information, contact
SonicWALL at +1-408-745-9600 or visit the company web site at
http://www.sonicwall.com/ . NOTE: SonicWALL is a registered
trademark of SonicWALL, Inc. Other product and company names
mentioned herein may be trademarks and/or registered trademarks of
their respective companies. DATASOURCE: SonicWALL, Inc. CONTACT:
Denise Franklin, Investor Relations, +1-408-752-7907, or , or Mary
McEvoy, Media Relations, +1-408-962-7110, or , both of SonicWALL,
Inc. Web site: http://www.sonicwall.com/
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