Source: SSH Communications Security Oyj

SSH Communications Security enters into Patent Cross License and Settlement Agreement with Sony

SSH Communications Security enters into Patent Cross License and Settlement Agreement with Sony

SSH Communications Security Corporation announces that it has entered into a patent cross license and settlement agreement with Sony. The agreement resolves all disputes between the parties.

“We are pleased to finally end this dispute with Sony” said SSH VP, Intellectual Property Erkki Yli-Juuti. “We can now fully concentrate and move forward with our other licensing efforts. SSH is aiming to enter into licensing arrangements with other companies using our patented technology.”

SSH estimates that after taxes, costs and royalty fee paid to Clausal Computing Ltd, this patent license and settlement agreement will have a moderate positive impact in SSH´s net profit in the first quarter of 2018.


SSH COMMUNICATIONS SECURITY CORPORATION

Kaisa Olkkonen
CEO


For further information, please contact:
Kaisa Olkkonen, CEO, tel. +358 40 5795216

Distribution:
Nasdaq Helsinki Ltd.
Major media
www.ssh.com



About SSH Communications Security Oyj
SSH Communications Security is a leading provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company’s long track record of innovation includes Secure Shell (SSH) - one of the world’s most widely used network security protocols. Customers worldwide trust our flagship Universal SSH Key Manager® and other solutions to manage access, while greatly reducing costs and compliance risks. The Company sells direct through offices in North America, Europe and Asia and through a global network of certified partners. The company’s shares (SSH1V) are quoted on the Nasdaq Helsinki. For more information, visit www.ssh.com.