MILPITAS, Calif., July 20, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, today announced it has filed a lawsuit in Santa Clara County Superior Court against DeviceVM, Inc. and a former Phoenix employee. The suit alleges trade secret theft and conversion of intellectual property assets by DeviceVM. Phoenix is seeking restitution, compensatory and punitive damages as well as a constructive trust. Founded in 2006, DeviceVM, maker of the Splashtop(R) product is a privately held software company headquartered in San Jose, CA.
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About Phoenix Technologies Ltd.
Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, pioneers open standards and delivers innovative solutions that enable the PC industry's top system builders and specifiers to differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products and services - SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, and eSupport.com -- are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has 139 technology patents and 65 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide.
For more information, visit http://www.phoenix.com.
Phoenix, Phoenix Technologies, Phoenix SecureCore, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace , PC 3.0, eSupport.com and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other marks are the marks of their respective owners.
Contact:
Shauli Chaudhuri
Phoenix Technologies Ltd.
Tel : +1 408 570 1060
public_relations@phoenix.com
SOURCE Phoenix Technologies Ltd.
http://www.phoenix.com
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