Entrust and Addison Avenue Federal Credit Union Settle Patent Lawsuit

DALLAS, July 5 /PRNewswire-FirstCall/ -- Today, Entrust, Inc. (Nasdaq: ENTU] announces it has settled its patent infringement lawsuit against Addison Avenue Federal Credit Union filed in March. As part of the settlement agreement, Addison Avenue has agreed to license the Entrust IdentityGuard product and the parties have agreed to dismiss their respective claims and counterclaims with prejudice. The patent infringement lawsuit, involving Entrust's U.S. Patent 5,712,627 (the "627 Patent"), was filed in the United States District Court for the Northern District of California on March 22, 2006 and settled on June 30, 2006. Both companies are pleased to have reached an amicable resolution without a need for further litigation.

About Entrust and Entrust IdentityGuard

Entrust IdentityGuard is a multi-factor authentication platform that can help allow organizations to strengthen authentication based on their assessment of transaction risk. With its high usability and cost factor, the platform offers a range of choices for strong authentication to serve both consumer and enterprise authentication.

Entrust, Inc. is a world leader in securing digital identities and information. Over 1,400 enterprises and government agencies in more than 50 countries use Entrust solutions to help secure the digital lives of their citizens, customers, employees and partners. Our proven software and services can help customers in achieving regulatory and corporate compliance, while helping to turn security challenges such as identity theft and e-mail security into business opportunities. For more information on how Entrust can help secure your digital life, please visit: www.entrust.com

NOTE: Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.

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Source: Entrust, Inc.