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Cenzic Licenses Patent Technology to NT OBJECTivesAgreement Settles All Litigation and Covers Web Application Security Solution (November 08, 2011)
CAMPBELL, CA -- (Marketwire) -- 11/08/11 -- Cenzic Inc., the leading provider of Web application security assessment and risk management solutions, today announced a patent license agreement with NT OBJECTives. Specifically, NT OBJECTives has agreed to pay Cenzic an undisclosed amount in exchange for certain rights to Cenzic's United States Patent numbers 7,185,232 and 7,620,851. The agreement will also result in settlement of all patent litigation between the companies, including the withdrawal of claims around patent ownership surrounding Web application security solutions. The agreement also grants NT OBJECTives a patent license from Cenzic for further use of the technology.
"We are pleased with the outcome of this agreement," said John Weinschenk, President and CEO at Cenzic. "Our company prides itself with our innovation and building the most sophisticated solutions for Web application security assessment. Granting NT OBJECTives the license to use elements of our intellectual property is a benefit to the security industry as a whole. We look forward to working alongside them and any other companies searching for the best Web security solutions on the market."
Additional details of the terms were not disclosed.
Cenzic's portfolio of solutions includes award winning software, managed services, and cloud offerings that enable organization to secure their Websites against hacker attacks.
For more information about Cenzic, please visit: http://www.cenzic.com.
Cenzic, a trusted provider of software and SaaS security products, helps organizations secure their websites against hacker attacks. Cenzic focuses on Web Application Security, automating the process of identifying security defects at the Web application level where more than 75 percent of hacker attacks occur. Our dynamic, black box Web application testing is built on a non-signature-based technology that finds more "real" vulnerabilities as well as provides vulnerability management, risk management, and compliance for regulations and industry standards such as PCI. Cenzic solutions help secure the websites of numerous Fortune 1000 companies, all major security companies, leading government agencies and universities, and hundreds of SMB companies -- overall helping to secure trillions of dollars of e-commerce transactions. The Cenzic solution suite fits the needs of companies across all industries, from a cloud solution (Cenzic ClickToSecure Cloud), to testing remotely via our managed service (Cenzic ClickToSecure® Managed), to a full enterprise software product (Cenzic Hailstorm® Enterprise ARC) for managing security risks across the entire company.
About NT OBJECTives
NT OBJECTives is an innovative provider of comprehensive application security solutions designed to help organizations discover threats, analyze risk and develop sound security strategies. Its unique technology provides automated and accurate application vulnerability assessment regardless of site complexity, while its world-renowned team of security professionals provides expert knowledge transfer and technical services to help businesses understand, build and achieve application security compliance. NT OBJECTives is located in Irvine, California.
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