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Technology Stocks : ISS (Internet Security Systems) - Enterprise Security

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To: Boesky who wrote (75)7/16/1999 4:45:00 PM
From: Art Wildman  Read Replies (1) of 94
 
This may shake things up...
From the NETA thread there is speculation ISS may take over NETA
Message 10521420

Patent Suit
Â
07/14/1999
Los Angeles Times
Home Edition
Page C-3
Copyright 1999 / The Times Mirror Company

Network Associates Inc., the No. 1 maker of security software, said it settled a patent
lawsuit against rival ISS Group Inc. that was intended to block ISS from selling its
flagship product. The settlement has no adverse effect on either company's business or
finances, the companies said in a joint statement. Terms weren't disclosed. A little more
than a year ago, Network Associates sued ISS Group, asking a federal court to bar its
rival from selling its RealSecure software. RealSecure detects hackers and other
unauthorized users who break into computer systems. Shares of Network Associates
jumped $1.44, or 8%, to close at $19.50, on speculation that the company will be
acquired by a larger competitor. ISS Group fell $1 to close at $37. Both trade on
Nasdaq.
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