VirnetX Holding Corp (VHC)

[manny t]

Posted on IV:

VHC: '181 Patent Reexam - Standard Process - No Reason for Concern


Subject: VHC: '181 Patent Reexam - Standard Process - No Reason for Concern

The patent reexamination of '181 should not come as a surprise - claims 1-29
being "rejected" was expected (in our opinion) and is similar to all other
patent reexams that have occurred. It is a non-final action and all claims
being "rejected" simply means they will be reviewed - it does not imply the
patent is invalid or will be invalidated.

As we have indicated in prior research approximately 95% of all reexam requests
are granted.

Despite reexamination filings related to VirnetX's patents (causing concern for
approximately 2 years), we emphasize all are standard processes that have not
had any negative repercussions.

Any information disseminated that implies this document is a "negative" should
be disregarded, in our opinion.

Please refer to our recent updated report dated January 11th.

Thank you.


Robert V. Tango, Jr.
Gilford Securities, Inc.
777 Third Avenue
New York, NY 10017